Archive · 21 May 2025
War, Political Violence Insurance Premiums Rise After Attacks
Imagine insurance companies offering protection against war and violence.
After some scary events like the attack in Pahalgam, the cost of this insurance went up.
Regular insurance policies for war aren't available from Indian companies, but some international companies offer them.
The price and what the insurance covers depend on where a company's property is, especially near places where conflicts happen.
This situation also means more people are buying insurance to protect their businesses if the supply chain gets disrupted because of conflicts.
Insurance premiums for war and political violence cover have risen significantly.
Indian insurers don't offer property insurance for war to corporates.
Policies for war and political violence are available from international reinsurers.
Coverage terms and availability vary by location, especially near borders.
Supply chain disruptions from geopolitical events increase demand for specific insurance products.
- Who
- Insurance brokers.
- What
- Premiums for war and political violence cover have increased.
- When
- Following the Pahalgam attack and subsequent ceasefire.
- Where
- India, particularly impacting areas like Jammu and Kashmir and other border regions.
- Why
- Due to increased geopolitical risk and conflicts.
- Premiums for War and Political Violence Cover
- Increased
- Source of War and Political Violence Policies
- International reinsurers
- Coverage Terms
- Vary based on property location, especially near border regions
- Insurance Products with Demand Spike
- Trade credit insurance, contingent business interruption covers
- Publication Date
- May 21, 2025