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Should You Be Worried About Political Risk? (Insurers Are)

Investors expect populism to shape market returns.

By Brandon Kochkodin and Sonali Basak, Bloomberg | Updated on April 13, 2017

Evan Freely has been insuring global risks for years—through the 2008 market meltdown, the 2002 crisis in Argentina, and the 1993 downturn in Venezuela.

Yet turmoil now seems to be coming at a more rapid pace than he’s seen before. “I’m more concerned today about political risk than ever,” says Freely, the global head of political risk and credit specialties at Marsh & McLennan Cos., the world’s largest insurance broker.

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