Dramatic increases in political instability and mass public demonstrations against governments are becoming increasingly more apparent. The possibility of disruption and loss in the wake of social unrest has become an urgent reality for insurance and risk managers.
The latter half of 2010 and early 2011 were especially marked by large scale anti-government protests, from student protests in the UK to austerity protests in Rome and mass protests across the North Africa and the Middle East.
Political violence in Bangkok and Cairo should cause every company with operations in emerging markets to re-evaluate the adequacy of their risk management strategies. The aim should be to ensure as broad a range of perils as possible are covered, to reduce any uncertainty and dependency on the classification of an event.
To ensure seamless cover between your clients' standard property and political violence exposures, Chubb provides combined property, terrorism and war programmes. This ensures that you will have satisfied your clients' needs and that they will be protected against the impact of political violence and instability.