European Cos. Should Eye Political Risk Policies, Experts Say

Law360, New York (July 31, 2012, 6:11 PM EDT) -- More European businesses with significant exposure abroad and in major cities at home should consider taking out political risk and terrorism policies to protect themselves from property damage and business interruption losses stemming from a terrorist attack or political unrest, experts say.

Political risk and terrorism policies are currently far from standard at large European companies, if a recent survey carried out for insurance organization ACE European Group Ltd. is any indication. After polling 600 risk managers for companies with turnover of at least £500 million...
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