Starting November 1st, 2025, companies looking to do business in China will be required to pay the full cost of their local insurance policy premiums up front before they can be considered officially covered.

Since 2020, organizations have faced an unprecedented series of disruptions, including pandemics, geopolitical tensions, labour shortages, cyber incidents, extreme weather events, and transportation bottlenecks. Events once considered isolated have demonstrated the ability to trigger consequences across entire industries and regions. As a result, supply chain resilience has become a priority not only for operations teams, but also for executives, boards of directors, insurers

The global insurance industry is undergoing one of the most significant transformations in decades. As organizations face increasingly complex exposures ranging from cyberattacks and climate risks to supply chain disruptions, insurers are rapidly shifting away from traditional underwriting models toward more advanced, data-driven strategies.

The most critical risks for multinational corporations are not just financial; they span political, regulatory, operational, technological, and reputational domains. The complexity comes from how interconnected they are; a political disruption can trigger supply chain issues, which may amplify financial losses and reputational damage.

International business comes with international risk. It’s a fact. Going international opens businesses up to risks and complexities that domestic businesses often don’t need to worry about. Since every country has different insurance laws, regulations, and requirements, it’s vital that every business considering expanding across the ocean conducts critical due diligence.

This MWB Global Risks Report provides a focused overview of Difference-in-Conditions (DIC), Difference-in-Limits (DIL), and Financial Interest (FI) coverage within multinational insurance programs. It examines how these coverage mechanisms help address differences in policy terms, conditions, limits, and regulatory requirements across jurisdictions, strengthening protection for organizations operating internationally.

Most Canadian provinces require locally admitted insurance coverage for multinational organizations expanding into Canada. Aligning multinational program structures with Canadian local regulatory requirements requires technical expertise, informed strategy, and disciplined program design.

Wrap-Up Liability Coverage protects your project and everything it entails