December 2006
Intermediate to advanced
464 pages
8h 29m
English
book
Global Sourcing Logistics: How to Manage Risk and Gain Competitive Advantage in a Worldwide Marketplace
by Thomas A. Cook
Content preview from Global Sourcing Logistics: How to Manage Risk and Gain Competitive Advantage in a Worldwide Marketplace
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risk and react positively toward being the corporation’s only
political risk market.
Because of the limited number of markets, minimal ca-
pacity, and small underwriting and brokerage political risk
community, it makes good risk management sense to con-
centrate risks into one market and not continually seek
competition. Risk managers also should combine other
international risks in the coverage, such as kidnap and
ransom, DIC, business interruption, marine, construction
all-risk, and so on. Underwriters view favorably combining
these insurances in a package policy, because they typi-
cally are more stable and predictable than other political
risks and help provide more reasons for the market to
perform.
COMMUNICATION
Because political risk insurances are ...
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