General Insurance Article - Marsh publish their Political Risk Map 2020


Marsh JLT Specialty has published the Political Risk Map 2020: Mid-Year Update, providing risk ratings for 197 countries across nine perils covering the security, trading, and investment environment from January to July 2020.

 All 197 countries rated experienced an increase in their risk scores between January and July 2020, compared to 30% in the same period in 2019. Of those that increased in score, the magnitude of the changes were also much greater in 2020. In 2019, 97% of increases were small (0.1-0.4), compared to 7% in 2020. Further, 40% of score increases have risen between 1.0 and 1.4 so far this year.

 According to the report, the COVID-19 pandemic’s economic and social impacts are driving significant shifts in global political risk — introducing new dynamics and accelerating existing geopolitical megatrends, such as trade protectionism and the transition to a multipolar world order.
  

 Political Risk Map 2020: Mid-Year Update

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