EsqSocial

As global threats evolve, so does the question of what constitutes a ‘war’ risk under a standard property insurance policy, and how this might impact coverage. Historically, a war was a physical conflict between two or more states, with little doubt as to its status or participants. However, modern warfare has evolved and now goes beyond physical attacks on assets to include non-physical attacks, such as cyber warfare. Russia’s war against Ukraine has also revealed a new front in war risks...
By: Zelle LLP