The war risk insurance market has seen a surge in demand due to ongoing conflicts in Ukraine and the Middle East. Individuals like Natalia Grishko and Ekaterina Vasylieva have benefited from specialized war risk insurance, which covers damages from military actions. The market has grown significantly since 2001, with an estimated global expenditure of $1 billion annually, primarily from companies insuring their operations in high-risk areas. The London market, led by Lloyds, plays a crucial role in this sector, offering various coverage options for different levels of conflict. Despite the challenges in pricing due to the unpredictable nature of wars, the sector remains profitable compared to traditional car insurance. Teljes cikk (bbc.com europe)