Engineering Insurance Market in the MENA Region: Industry News and Developments
30 mai 2025
Rising Demand for Political Violence and Terrorism Insurance in the MENA Region
The Middle East and North Africa (MENA) region continues to face complex geopolitical tensions, civil unrest, and regional conflicts — all contributing to a growing demand for Political Violence and Terrorism (PVT) insurance. Businesses operating in the region are increasingly seeking comprehensive protection against the financial impact of political instability, terrorism, riots, and civil commotion.
Market Trends and Rising Premiums
Recent reports highlight a notable surge in demand for PVT insurance across MENA. According to Insurance Business Magazine, premium rates are rising in response to heightened regional risk, mirroring market behavior seen after major global events like 9/11. Gallagher’s latest risk outlook suggests rates are expected to increase further in 2025 throughout the Middle East and Africa (MEA), driven by ongoing geopolitical uncertainty and inflationary pressures impacting the insurance sector.
Source: Insurance Business Magazine
Source: Atlas Magazine
