Maraaz 
It has reported that companies across the US have increased demand for insurance in order to secure job cut insurance before the presidential election. Civil turmoil after the election. The probability of a revolt is thought to be high. Expert said had increased demand for insurance in order to secure business cut insurance ahead of the US presidential election.
Post-election civil unrest and revolt are thought to be likely. Despite double-digit increases in business interruption insurances, many stores. The office continues to buy insurance because the cost of not taking out insurance could be higher.
Companies were after George Floyd died as a result of police violence months ago. It awaits repetition of what happened during the peaceful protests. Although the protests were generally non-violent. People in cities like New York, Los Angeles, and Portland saw this as an opportunity and looted some stores.
In the second quarter, damages caused by social events affected the results of insurance companies. Zurich Insurance announced a $ 122 million loss due to social events. Likewise, AIG reported a loss of $ 126 million in the same collapse, while Travelers lost $ 91 million.
If U.S. President Donald Trump loses the November 3 elections, He announced that he would not peacefully surrender his seat.
Insurance companies believe that this will result in broader social events than the George Floyd protests. According to the statement made by Allianz Global, “The issue is not whether the protests will take place, but the size of the violent protests.”
