The Middle East is the most terrorist-afflicted region in the world, according to leading global insurance and reinsurance firm Aon’s 2014 Terrorism and Political Violence Map, with 28 percent of all worldwide terrorist attacks. According to the same report, Lebanon is identified as one of 19 countries with a “severe risk” rating based on measures correlating to Aon products of (1) terrorism and sabotage; (2) strikes, riots, civil commotion and malicious damage; and (3) insurrection, revolution, rebellion, mutiny, coup d’etat, civil war and war. Brokers that deal with political violence insurance in the region have pointed to an increase in demand since 2006 for this specialty product in the Lebanese market. As political tensions in the country escalate, and businesses increasingly feel their assets threatened, those with the means are looking to get part of their company’s value insured. Means are critical for this type of product, as premiums for
If it’s coming from Hezbollah underwriters might say this is not a war, this is a terrorism loss,” explains Bitar.
Hezbollah is not a terrorist group to say that it is a terrorism loss Mr Bitar.
One day we will all be proud of our great resistance along with our great army.
I hope you will create a free insurance for the poor people living in south of lebanon after loosing there houses from an israeli invasion.
Can you do that?
Im sure you can’t.
Our assurance is already in the army and in Hezbollah,so your insurance is useless after such confidence.
If you think of it deeply Mr Bitar,you are a financial terrorist because its in your interest to have a bad political situation for you to encourage people to come to you for political violence insurance.
Good luck Mr Bitarrorist!
LeylaApril 4, 2014 - 8:03 PM
This is really interesting and well-covered. Generally, profits are a huge determinant of insurance premiums and whether firms consider it worth getting a policy, so the rise of this kind of protection might pose problems for the petite bourgeoisie and domestic industry in general.
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2 comments
If it’s coming from Hezbollah underwriters might say this is not a war, this is a terrorism loss,” explains Bitar.
Hezbollah is not a terrorist group to say that it is a terrorism loss Mr Bitar.
One day we will all be proud of our great resistance along with our great army.
I hope you will create a free insurance for the poor people living in south of lebanon after loosing there houses from an israeli invasion.
Can you do that?
Im sure you can’t.
Our assurance is already in the army and in Hezbollah,so your insurance is useless after such confidence.
If you think of it deeply Mr Bitar,you are a financial terrorist because its in your interest to have a bad political situation for you to encourage people to come to you for political violence insurance.
Good luck Mr Bitarrorist!
This is really interesting and well-covered. Generally, profits are a huge determinant of insurance premiums and whether firms consider it worth getting a policy, so the rise of this kind of protection might pose problems for the petite bourgeoisie and domestic industry in general.
Comments are closed.