Behind every major decision, whether by a family buying a home or a shipping company deciding to transit the Strait of Hormuz, lies the judgment of the insurance markets. How do insurers evaluate risk, and what can we learn from how they attach a premium to conflict or natural disasters? John Doyle, the president and CEO of Marsh, a conglomerate that includes the world’s largest insurance broker, joins the show to discuss how he evaluates geopolitical risk—and how companies and countries should protect themselves from disruption.Ravi Agrawal: Trump Has PeakedHal Brands: How to Survive in a World Without RulesCharles A. Kupchan: The World’s Only Real Hope of Maintaining OrderMariana Mazzucato: How to Write Better Rules for Global FinanceMichael Beckley: A New Engine of DevelopmentElisabeth Braw: Can Ships in the Gulf Take Trump at His Word?Learn more about your ad choices. Visit megaphone.fm/adchoices