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UAE insurers launch retail war cover for cars cargo and travel as Iran tensions worsen

Economy
Published on 14 May 2026
UAE insurers launch retail war cover for cars cargo and travel as Iran tensions worsen

A UAE motor add-on promises protection up to AED 5 million

UAE insurers are moving war-risk coverage beyond specialized shipping and aviation into mainstream retail and SME products as geopolitical tensions involving Iran keep escalating. Sukoon Insurance has introduced a Motor War Cover add-on for comprehensive policies, offering up to AED 5 million for war, strikes, terrorism and riots within the UAE. Other firms are widening protection for cargo, residential units and travel disruption, while intermediaries market packages for operational losses, employee injuries and contract-related liabilities.

  • Sukoon launched a Motor War Cover add-on for UAE comprehensive vehicle policies
  • The motor rider covers direct physical damage up to AED 5 million
  • UAE conflict backdrop includes more than 500 missiles and 2,000 drones since Feb 28
  • Orient expanded war-risk cover for cargo and residential units
  • Travel riders now cover disruptions otherwise excluded under standard policies
  • Intermediary CoverB sells war packages for operational disruption and related legal risks
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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