13 December 2017

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Frustrated cover

6 November 2017

What is it with these specialty niches these days? The market, ever keener to diversify in current trading conditions, just can't seem to get enough of them.

This seems especially true of political risk, which is usually bought by banks and commodities traders to insure against the risk of expropriation and political turmoil, and to insure against defaults and other types of contract frustration (its bedfellow, trade credit insurance, is used by businesses to protect themselves from counterparty insolvency).

What&#...


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