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The Political Risk Podcast

David Benyon
Political Violence
China
Geopolitics
Ukraine
Terrorism
Russia
United States
Political Risk Insurance
Allianz Risk Barometer
SRCC
Donald Trump
Geopolitical Risk
Civil Unrest
Renewable Energy
Supply Chains
Cyber Threats
Business Interruption
Sub-Saharan Africa
Political Risk
Carbon Markets

Geopolitics, insured. An independent podcast, focused on geopolitics and insurance markets, serving risk professionals, leaders and decision makers in specialty insurance and beyond. Join journalist and host David Benyon for an exclusive guest list mixing senior brokers and underwriters from the world of specialty insurance with wider geopolitical expertise from authors, academics, analysts and di... more

PublishesTwice monthlyEpisodes74Founded3 years ago
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Artwork for The Political Risk Podcast

Latest Episodes

Sub-Saharan Africa’s government financing landscape has been transformed by credit markets, changing geopolitics, and new sources of capital. This special episode, produced in association with Mosaic Insurance, features Katharine Villers, political r... more

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How can political violence and terrorism insurers turn recent events into better underwriting insights? Recorded live at Lloyd’s during Verisk’s “Insuring Political Violence, SRCC, and Terrorism Forum”, this special episode brings together Alex Baker... more

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Strikes, riots and civil commotion (SRCC) have moved from the margins of property and political violence portfolios into sharper focus for insurers and their reinsurers. This special episode with Lockton Re features senior catastrophe modeller George... more

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Forecasting phenomenon Dr John Hulsman returns to the podcast. John has made a name for himself as a pre-eminent predictor of geopolitical risk in the multipolar era. He prides himself on his ‘call record’, beating those of his rivals. We discuss Tru... more

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Credit and political risk insurance has become a critical tool for mobilising capital into complex markets, supporting trade, investment and development finance through a period of heightened geopolitical and credit uncertainty. In this episode, Rafa... more

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Geopolitical risk is putting global supply chains under renewed pressure, with the Strait of Hormuz crisis adding to existing concerns around trade disruption, tariffs and fragile logistics networks. Alec Russell, managing director, cargo for Arthur ... more

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War in the Gulf in 2026 is a defining event for political violence. Underwriters face unprecedented claims activity, with individual Iranian missile and drone strikes accounting for hundreds of millions of dollars in damage, together representing mor... more

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Hotels are increasingly on the frontline of political violence and malicious risk, from terrorism and civil unrest to missile and drone attacks. In this special episode, Jeff Moore, PhD, CEO of Muir Analytics, explains how data-led underwriting and t... more

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Recent Guests

Nick James
Director of Structured Finance
ICBC Standard Bank
Episode: Financing Africa: Banks, Insurers and the New Geopolitics of Capital
Katharine Villers
Vice President, Political Risk Underwriter and Head of Commercial Finance
Mosaic Insurance
Episode: Financing Africa: Banks, Insurers and the New Geopolitics of Capital
Alex Baker
Class Underwriter for PV
Chaucer
Episode: From Events to Insights: Learning from PVT and SRCC events; with Verisk live at Lloyd’s
Guy Burrows
Head of Political Violence and Terrorism
Inigo
Episode: From Events to Insights: Learning from PVT and SRCC events; with Verisk live at Lloyd’s
Torbjorn Soltvedt
Head of EMEA Global Risk Intelligence
Verisk Maplecroft
Episode: From Events to Insights: Learning from PVT and SRCC events; with Verisk live at Lloyd’s
Paul Upton
Consultant, Lockton Re
Lockton Re
Episode: SRCC: The Emerging Portfolio Peril
George Wragg
Senior catastrophe modeller
Lockton Re
Episode: SRCC: The Emerging Portfolio Peril
Jerry Smith
Head of advisory
Blackthorn
Episode: SRCC: The Emerging Portfolio Peril
John Hulsman
Dr. John Hulsman, political risk analyst and forecaster
John C Hulsman Enterprises
Episode: John Hulsman on Trump’s Deal with Iran, the Balance of Power, Political Risk Wargaming and Forecasting

Host

David Benyon
Host of The Political Risk Podcast (hosted in association with multiple industry partners over time; primarily features as the program host focusing on geopolitics and insurance markets)

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Talking Points

Recent interactions between the hosts and their guests.

From Events to Insights: Learning from PVT and SRCC events; with Verisk live at Lloyd’s
Q: What does a more resilient PV book look like, and how should underwriters balance diversification with depth in high-risk markets?
A resilient PV book relies on diversification across geographies, occupancies, and coverage types, supported by robust data and scenario planning to prevent over-concentration and to reveal where potential large losses could occur. Underwriters should use forward-looking scenarios, adjust line sizes and terms accordingly, and continuously update their models as new data comes in.
Mobilising Capital: Credit and Political Risk Insurance and the Future of Global Investment, with AXA XL's Rafael Docavo Malvezzi
Q: How does AXA XL's analytics function shape underwriting and portfolio management?
The analytics function provides in-depth, independent views on each risk to accompany underwriting, supporting rigorous risk assessment, portfolio diversification, and informed decision-making that aligns with evolving risk landscapes and regulatory considerations.
Mobilising Capital: Credit and Political Risk Insurance and the Future of Global Investment, with AXA XL's Rafael Docavo Malvezzi
Q: Could you give listeners a sense of your current portfolio within political risk, credit, and bond at AXA XL?
The PRI component encompasses political perils like violence, confiscation, and currency convertibility, while the non-payment portion covers a wide range of transactions, including export finance, project risk, infrastructure, and increasingly mobile asset financing such as aircraft and shipping.
The first Catastrophe Risk Model for Civil Unrest: Verisk Maplecroft's SRCC model for the United States
Q: How can clients use counterfactuals within the model to plan for potential future events?
Clients can test 'what if' scenarios such as a hurricane-like disruption or a major protest cascade to see how losses would scale with different exposure profiles, informing risk management and contingency planning.
The first Catastrophe Risk Model for Civil Unrest: Verisk Maplecroft's SRCC model for the United States
Q: What are the key drivers of SRCC risk in the model, and how do you translate those into actionable outputs for underwriters?
Key drivers include protest size, social grievances, regime type, economic stress, and law enforcement actions. These are translated into predictive scores and loss estimates—both baseline and scenario-based—to guide pricing and risk limits.

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Frequently Asked Questions About The Political Risk Podcast

What is The Political Risk Podcast about and what kind of topics does it cover?

This show centers on geopolitics and insurance, featuring seasoned brokers, underwriters, and risk professionals who discuss how global risk factors translate into insurance markets, pricing, coverage, and crisis management. Episodes often pair industry practitioners with geopolitical analysts or former policymakers to unpack current events—ranging from regional conflicts and terrorism risks to supply-chain disruptions and cyber threats—and explore practical implications for risk transfer, portfolio management, and claims. A standout pattern is the serious, data-driven approach: guests bring hands-on underwriting experience, crisis-management perspectives, and forward-looking scenarios to help risk professionals anticipate and mitigate emer... more

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Which podcasts are similar to The Political Risk Podcast?

These podcasts share a similar audience with The Political Risk Podcast:

1. The Intelligence from The Economist
2. The Story of Money
3. FT News Briefing
4. 5 Live Boxing with Steve Bunce
5. The News Agents

How many episodes of The Political Risk Podcast are there?

The Political Risk Podcast launched 3 years ago and published 74 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on The Political Risk Podcast?

Recent guests on The Political Risk Podcast include:

1. Nick James
2. Katharine Villers
3. Alex Baker
4. Guy Burrows
5. Torbjorn Soltvedt
6. Paul Upton
7. George Wragg
8. Jerry Smith

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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