Terrorism and Political Violence
Allianz Global Corporate & Specialty www.agcs.allianz.com
The nature of terrorism and political violence dictates that there is always someone who suffers. Businesses, their staff and their customers are no different. The need to protect assets and people, whilst also adequately planning for business continuity and operations, is vital, and therefore is firmly on the risk managers’ radars. Insurance has a pivotal part to play.
Although the capability of terrorist groups to launch cross border attacks akin to 9/11 has largely been dismantled, the threat of terrorism remains. The last few years has seen a significant shift in the size of engagement; from complex international terrorism plots, to an increase in localised, home-grown, focused attacks which clearly illustrate their ability and willingness to adapt.
Recent attacks in Australia, France and Tunisia indicate a rise in “lone-wolf” terrorists which target people and casualties. These types of attacks are inherently harder to intercept by over-stretched security forces and are fuelled in part by terrorist groups’ proficiency in recruitment, using social media and the internet to reach out to disenfranchised sympathisers around the world. This highlights the evolving nature of terrorism and the risks faced by our clients. Allianz is here to help ensure that these challenges are met. With our experienced and empowered underwriters, we aim to provide market solutions and innovative new coverages tailored for our clients and brokers.
February 2016
At a Glance
Contact:[email protected]
Contact DetailsChristof BenteleHead of Global Crisis Management+44 203 451 3054christof.bentele@ allianz.com
Björn ReußwigExecutive Underwriter Terrorism
Srdjan TodorovicHead of Terrorism Regional Unit London
Ian HumphriesAssistant Underwriter London Terrorism
Contacts
Advice - Support - Response
SouthAfrica
Namibia
Angola
Botswana
Zambia
Tanzania
DRCKenya
Somalia
EthiopiaCAR
Gabon
Republic of the Congo
Sao Tome and Principe
Mauritania
ChadNiger
Nigeria
Algeria
Morocco
Western Sahara
LibyaEgypt
Saudi Arabia
Oman
Yemen
22. Eritrea23. Equatorial Guinea24. Cameroon25. Benin26. Togo27. Ghana28. Cote d’ivoire29. Burkina Faso30. The Gambia31. Senegal
45.44.Cyprus
TurkeyPortugal
Gibraltar
Canary Islands
Spain
Ireland
United Kingdom
IndiaPakistan
AfghanistanIran
Norway
Sweden
Finland
GreeceAlbania
Bulgaria
Romania
Ukraine
PolandGermany
France
Italy
8. Slovenia9. Croatia10. Bosnia and Herzegovina11. Switzerland12. Macedonia13. Montenegro14. Kosovo15. Luxembourg16. Belgium17. Slovakia18. Austria19. Georgia20. Armenia21. Azerbaijan
Serb.
Netherlands
Czech Rep.
Hungary Moldova
LithuaniaLatvia
Estonia
Denmark
Belarus
Rus.
Kazakhstan
Uzbekistan
Turkmenistan
Kyrgyzstan
Tajikistan
Nepal
MyanmarLaos
Thailand
Cambodia Vietnam
ArgentinaChile
Uruguay
Brazil
Bolivia
Paraguay
Peru
Venezuela
Colombia
Ecuador
1. French Guiana2. Suriname3. Guyana4. Grenada5. Puerto Rico6. El Salvador7. Cayman Islands
Trinidad and Tobago
Panama
Costa Rica
NicaraguaGuatemala
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Mexico
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DominicanRepublic
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Canada
Falkland Islands
Saint Helena
Maldives
Madagascar
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East Timor
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Vanuatu
New Caledonia
Fiji
Kiribati
Marshall Islands
Northern Mariana Islands
Papua New Guinea
MauritiusReunion
Comoros
Seychelles
Malta
25.
26.27.28.
29.
Liberia
Sierra LeoneGuinea
Guinea-Bissau30.
31.
Tunisia
32.
33.
34.
35.36.
37.
38.39.
40.
41.
42.
8. 9.10.
11.
15.16.
18.17.Liech.
GreenlandSvalbard and Jan Mayen
Iceland
Faroe Islands
1.2.3.
6.
The Bahamas
7.
4.
5.
Barbados
China
Mongolia
North Korea
South Korea
Hong Kong Taiwan
BruneiMalaysiaSingapore
Indonesia
Philippines
Samoa
New Zealand
Russia
Japan
Australia
46.
St Vincent and the Grenadines
DominicaAntigua and Barbuda
US Virgin Islands
Curacao
Saint Lucia
19.21.20.
Honduras
47.
32. Lesotho33. Swaziland34. Malawi35. Burundi36. Rwanda37. Uganda
South Sudan
SudanMali
24.
23.
38. UAE39. Qatar40. Bahrain41. Kuwait42. Lebanon
43. Israel West Bank Gaza Strip
44. Syria
45. Iraq
46. Bangladesh47. Bhutan
Monaco
Tonga
Andorra
Mozambique
Zimbabwe
22.
Djibouti
14.12.
13.
Jordan43.
Federated States of Micronesia
Macau
Website: www.red24.comTwitter: twitter.com/red24 @red24
As of 8 December 2015
Overall risk rating key
Low risk Medium risk High risk Extreme risk
Crime Terrorism Conflict Political Kidnap
Icons key
Overall risk rating changes since December 2014
Albania
Belgium
Bolivia
Comoros
French Guiana
Georgia
Germany
Italy
Kuwait
Mozambique
Namibia
Netherlands
New Caledonia
Pakistan
Philippines
Spain
Tunisia
United Kingdom
High
Medium
High
High
Medium
High
Medium
Medium
Medium
Medium
Medium
Medium
Medium
Extreme
High
Medium
Medium
Medium
Medium
Low
Medium
Medium
Low
Medium
Low
Low
Low
High
Low
Low
Low
High
Medium
Low
High
Low
red24 Global Risk Map 2016The country's overall risk rating is reflected by red24's four overall risk rating colours. The risk map includes icons representing the primary risks present in each country (High and Extreme).
Please note that similar colours do not necessarily equate to similar risk. For further information on risk levels and criteria, please visit www.red24.com.
Global Risk Map
Source: red24, December 2015
Copyright © 2015 Allianz Global Corporate & Specialty SE. All rights reserved.The material contained in this publication is designed to provide general information only. Whilst every effort has been made to ensure that the information provided is accurate, this information is provided without any representation or warranty of any kind about its accuracy and Allianz Global Corporate & Specialty SE cannot be held responsible for any mistakes or omissions. All descriptions of coverage are subject to the terms, conditions and exclusions of the individual policy. Allianz Global Corporate & Specialty SE, Fritz-Schaeffer-Strasse 9, 81737 Munich, Germany Commercial Register: Munich, HRB 208312www.agcs.allianz.com
How can AGCS help?
Coverage:Terrorism & SabotagePhysical damage, business interruption, contingent business interruption, denial of access, delay in start-up and advanced loss of profit for construction projects.
Strikes, Riots and Civil Commotion
Full Political Violence including War on LandCovering Terrorism, Sabotage, SRCC, War, Civil War, Political Subversion, Concerted Acts and Political Intimidation.
Terrorism Liability Public Liability and Employers’ Liability
Nuclear, Chemical Biological & Radiological Terrorism (NCBR)
Entertainment Including Event Cancellation and Non-appearance due to actual Terrorism and Political Violence perils and ‘Threat’ of Terrorism and Political Violence
Capacity:Terrorism, Political Violence and WarEUR 100,000,000
LiabilityEUR 50,000,000
NCBREUR 50,000,000
AGCS offer:• A truly global reach with compliant local paper• Innovative solutions• High service levels
AGCS:Allianz Global Corporate & Specialty is the Allianz Group’s dedicated brand for corporate and specialty insurance customers. The company provides insurance and risk management consultancy across the whole spectrum of marine, aviation and corporate business, including Energy, Engineering, Financial Lines (incl. D&O), Liability and Property insurance, including International Insurance Programs.
Worldwide, Allianz Global Corporate & Specialty operates in over 160 countries and territories through the Allianz Group network and through other network partners. It employs more than 3,000 people and provides insurance solutions to more than half of the Fortune Global 500® companies.
Allianz Global Corporate & Specialty has a Financial Strength Rating of AA (‘Very Strong’) from Standard & Poor’s and an A+ (‘Superior’) from A.M. Best. Allianz Global Corporate & Specialty is part of Allianz Group, one of the largest and most renowned insurance and financial services providers in the world.
For further details, see the Allianz Global Corporate & Specialty website www.agcs.alllianz.com
AGCS RUL 3260
Political Risk
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