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Insurance Day

Political risk market forecast to reach $49bn by 2031

Political violence represented 34.25% of the global political risk insurance market in 2025, with demand rising amid conflict, civil unrest and growing geopolitical uncertainty

THE global political risk insurance market is forecast to grow to $49bn by 2031 as geopolitical tensions, sanctions and greater government intervention drive demand for cover, according to India-based market intelligence company, Mordor Intelligence.

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