GEOPOLITICAL RISK MANAGEMENT IN OVERSEAS INVESTMENTS IS BEING REDEFINED

Murat Çiftçi, CEO of IBS Insurance and Reinsurance Brokerage, stated that geopolitical risks have become a decisive factor in investment decisions due to global developments. According to Çiftçi, investors are no longer focusing solely on market size or labor costs; instead, they are focusing on parameters such as sanctions risk, energy supply security, logistics corridors and political stability. Noting that fragility has expanded geographically, Çiftçi pointed out that some supply chains in Eastern Europe, the Middle East, and Asia have become more vulnerable. Noting that insurance solutions are also evolving in this process, Çiftçi emphasized that hybrid structures incorporating political risk, trade disruption, and business continuity coverage are gaining prominence. Stressing the need to reduce reliance on a single country or supplier in investments, Çiftçi stated that strengthening the legal infrastructure, utilizing international arbitration mechanisms and establishing alternative supply routes are critical. On the reinsurance side, he noted that capacity remains available but that a more selective and data-driven approach is being adopted. Çiftçi added that insurance products will become more modular and scenario-based in the coming period.