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Hybrid warfare drives rethink of terror and war coverage

war

Insurers face mounting pressure to redefine exclusions and pricing as cyber warfare, sabotage and misinformation reshape global risk, according to participants in a panel discussion during London Risk Week.

Wesley Selwyn, class underwriter for terrorism and political violence at Antares, said the ongoing conflict in the Middle East was causing debate over whether it should be classified as war or

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Willis warns 7 in 10 businesses are underinsured

James Adams, head of valuation services at Willis, has warned businesses are increasingly at risk of being caught out by average clauses because outdated property valuations are failing to reflect rising rebuild costs.

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