|Terrorism and sabotage
|+5% to +10%
|+10% to +20%
Rates continue to edge upward along with the threat of terrorism, sabotage and political violence on several fronts.
The crisis in Ukraine has given rise to widespread questions about insurable risk and the application of war exclusions.
The stress of two years of pandemic restrictions has provoked a dramatic increase in acts of violence, thrusting new challenges upon public and private organizations around the world.
Terrorism remains a major concern, as incidents of domestic extremism increase, and new global terrorist cells are revealed. Ideologically inspired violence continues to pose a significant threat to national security.
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Each applicable policy of insurance must be reviewed to determine the extent, if any, of coverage for losses relating to the Ukraine conflict. Coverage may vary depending on the jurisdiction and circumstances. For global client programs it is critical to consider all local operations and how policies may or may not include coverage relating to the Ukraine conflict. The information contained herein is not intended to constitute legal or other professional advice and should not be relied upon in lieu of consultation with your own legal and/or other professional advisors. Some of the information in this publication may be compiled by third-party sources we consider reliable; however, we do not guarantee and are not responsible for the accuracy of such information. We assume no duty in contract, tort or otherwise in connection with this publication and expressly disclaim, to the fullest extent permitted by law, any liability in connection with this publication. Willis Towers Watson offers insurance-related services through its appropriately licensed entities in each jurisdiction in which it operates. -The Ukraine conflict is a rapidly evolving situation and changes are occurring frequently. Willis Towers Watson does not undertake to update the information included herein after the date of publication. Accordingly, readers should be aware that certain content may have changed since the date of this publication. Please reach out to the author or your Willis Towers Watson contact for more information.