MSIG USA expands political risk and trade credit business in Asia
- November 2, 2025
- Posted by: Beth Musselwhite
- Category: Insurance
MSIG USA has partnered with MSIG Singapore and MSIG Hong Kong to expand its political risk and trade credit business in Asia.
The collaboration combines MSIG USA’s underwriting expertise with the strong local presence and market knowledge of MSIG Singapore and MSIG Hong Kong.
This partnership strengthens the company’s ability to meet the growing demand for political risk and trade credit solutions in the region, providing businesses with comprehensive and tailored coverage in an evolving global trade landscape.
Peter McKenna, CEO of MSIG USA, said, “Expanding our political risk and trade credit capabilities in Asia is a key strategic move for MSIG USA.
“By collaborating with MSIG Singapore and MSIG Hong Kong, we are strengthening our ability to serve global clients with tailored solutions that address the challenges of international trade. This partnership underscores our commitment to being a reliable risk management partner for businesses operating in complex environments.”
Clemens Philippi, CEO of MSIG Asia, added, “This initiative aligns with our regional growth strategy, reinforcing our ability to deliver enhanced risk solutions across Asia. The combination of MSIG USA’s underwriting expertise, led by Dan Riordan and Richard Abizaid, and our strong local market presence enables us to better serve businesses in the region, helping them navigate the evolving economic and political landscape with confidence.”
Dan Riordan, Head of Political Risk and Trade Credit for MSIG USA, commented, “The demand for political risk and trade credit insurance is rapidly increasing as businesses seek protection against uncertain geopolitical and economic conditions. Our collaboration with MSIG Singapore and MSIG Hong Kong will allow us to offer more localized expertise and strengthen our ability to provide comprehensive coverage that meets the needs of multinational clients.”
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