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Doing business with Iraq: Private risk market trends

The private political risk insurance (PRI) market is open for Iraqi risks, sometimes with a degree more flexibility than its official export agency counterparts. “Contracts continue to be insured”, said Harry Doyne-Ditmas, the Dubai-based leader in JLT Specialty’s credit, political and security risk team covering the Middle East and Africa. He said JLT typically receives “one to two enquiries a month, which has been the case for the past couple of years”.

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