It is clear based on recent events in Hong Kong that political violence risks in Asia are in a constant state of flux. Never before have the lines between acts of protest, terrorism, and war been so blurred.
Political violence insurance spans a broad spectrum of risk, from a single act of state belligerence to the outbreak of war. This can be anything from random ‘lone wolf’ assaults to a terrorist group’s militant campaign across borders; from protesters on the streets to the overthrow of a government.
This ever-changing security landscape can make it difficult for multinational companies to understand, control and mitigate risks to their operations in Asia. In order to maintain commercial opportunities in the face of these events, it is paramount our clients understand how these risks are evolving, how their current insurance program will respond, and explore whether a specialised political violence solution is the most appropriate option for consistency of cover.
Our client advisory provides the latest update on the political violence risks we have seen in the region so far in 2019, and highlights key coverage issues and emerging products we’re providing to clients to mitigate these.