Insurers seek to define ‘war’ as risk rises of global power clashes

Insurers seek to define ‘war’ as risk rises of global power clashes

Insurers Look to Redefine ‘War’ Clause Due to Increased Global Tensions

A trade body representing insurers is considering revising the Five Powers exclusion to include new risks associated with hostile drone activity and subsea attacks. This potential update reflects growing concerns about global power clashes and emerging warfare technologies.

Original Source: https://www.ft.com/content/c0d09278-9a02-4e2b-9963-eae60110fa12