Mobilising Capital: Credit and Political Risk Insurance and the Future of Global Investment, with AXA XL's Rafael Docavo Malvezzi

Mobilising Capital: Credit and Political Risk Insurance and the Future of Global Investment, with AXA XL's Rafael Docavo Malvezzi

June 4, 2026 · 36 min · Season 1 · Episode 70

About this episode

Rafael Docavo-Malvezzi discusses the importance of credit and political risk insurance in mobilising capital for global investment amidst geopolitical uncertainty.

Credit and political risk insurance has become a critical tool for mobilising capital into complex markets, supporting trade, investment and development finance through a period of heightened geopolitical and credit uncertainty. In this episode, Rafael Docavo-Malvezzi, global chief underwriting officer, political risk credit and bond at AXA XL, discusses the credit cycle, underwriting challenges, development finance and the role of the private market in supporting global investment. He also reflects on his career across risk management, economics and insurance, as well as his role as vice president of the Berne Union.

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