Insurance industry jurisprudence has contributed significantly to solid international law principles that are desperately needed right now

Situation in Sri Lanka may be an indication of the type of losses the international insurance market should be readying itself for next, with signs pointing to social unrest in a number of other countries

Industry must get its act together and both draft, and apply, contracts and wordings in the correct manner

Courts do not allow anyone to negate cover simply to avoid catastrophic losses to the industry

Main challenge could be dealing with challenges to the rules themselves

The time is ripe for insurers and brokers to raise awareness of political risk and political violence