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Political Risk Insurance for War

To buy, renew, reword midterm, or trigger any type of political risk insurance or insurance for war or political violence: contact us. We contractually guarantee results including lowest cost for tailored coverage that we structure and trigger independently of any insurance broker or lobbyist for best value to business and investors.

Insurance For War

Insurance for War can protect companies, organizations, and governments from lost revenues, financial defaults, and the physical or cyber destruction of assets. Companies can be subject to political risk including war risk and it is important to think about insurance for war ahead of any major political events or frictions. The conflict between Russia and Ukraine in 2022 has showed us the importance for companies to carry insurance for war to protect their lost revenues. This applies to any type of company that got impacted by the war, whether Russian, Ukrainian, European, or other company that saw its revenues decline due to the conflict. While the probability of occurrence of a war is quite low, insurance for war is important because the severity or damage caused by a war can be so great as to wipe out years of profitability, not including the potential for physical damage or a complete wipe out of a company's premises and infrastructure.

Political Risk vs. Political Violence vs. Terrorism

Political risk insurance offers the broadest coverage, which includes both war coverage as well as terrorism coverage and various other coverages including but not limited to forced divestiture, inability to import/export, currency inconvertibility, expropriation, and contract frustration.

Political Violence insurance offers coverage for war, civil war, riot and civil commotion, revolution, in addition to terrorism and sabotage.

Terrorism and Sabotage coverage focuses only on acts of terrorism and sabotage.

What Is Political Risk Insurance

Insurance indemnifying organizations and governments against financial losses and/or physical and cyber losses due to a specific type of political risk including war. Political risk insurance is technically much broader than insurance for war because it encompasses other forms of political risk such as insurrections, revolts, protests, etc.

Political Risk Insurance Cost

Cost varies greatly depending on the jurisdiction of the company and the assets to be insured. Low risk insurance for war will cost under 1% of the limit of insurance. Higher risk insurance for war can cost over 25% of the limit of insurance. This is subject to minimum premiums however. For example, most insurers will have a minimum premium of $10,000 or more for full Political Violence insurance regardless of the amounts and the terrirories to be insured.

War Risk Insurance Cost

Please reference the above section.

Political Risk Insurance Providers

Allianz, AIG, Travelers, Zurich are to name a few providers of insurance for war or political risk insurance. They distribute their products through various brokers, and each broker has its own in-house capabilities with respect to political risk insurance. It is important to audit and reword the insurance wording to ensure it is tailored to the political risk details facing a specific company or investor. Our team assists with tailoring the insurance and making providers compete for your business to reduce your net cost.

War Risk Insurance Companies

War Risk Insurance Companies include several Lloyd's syndicates and insurers including but not limited to Talbot, Chaucer (UK), Sompo, Liberty International.

Political Risk Insurance Companies

Please reference the above section.

Political Risk Insurance Broker

There are various brokers who can distribute political risk insurance including insurance for war. They range from local to regional to international brokers. You can reach out to our team who can assist you with finding the right broker by having brokers compete for your business leading to a reduction in cost to you.

Political Risk Insurance Example

Various Russian media outlets, such as RT, were banned from airing content with European and American media agencies, which resulted in reduced viewership and reduced revenue for such outlets. Political Risk Insurance would indemnify such outlets for lost revenue. This concept also applies to many other companies across different industries impacted by war or any other form of political risk.


This content is independent of any content coming from insurance brokers, insurers, or any insurance lobbyists. Commercial insurance is rarely taught in schools, and when it is, it’s mostly done through the lens of brokers or insurers. There are many misconceptions around political risk insurance or insurance for war, like many other topics in commercial insurance, due to bad habits acquired through the over reliance on insurance brokers or insurers or information providers who are lobbied by them. It is also important to note that political risk insurance or insurance for war has both an operational aspect and a legal aspect, on which we put weights of 95% and 5% respectively in terms of importance to protecting a business and its investors (the point is that going to court to enforce coverage defeats the purpose of buying insurance, so you want to make sure that whatever insurance you buy protects your business right, based on operational data, and pays out fast on large losses).

construct of political risk insurance for war
Most Business and Investors miscalculate the construct of political risk insurance for war.

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