Property Terrorism

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Learn more about the risks facing companies today and tomorrow in our KNOWLEDGE & INSIGHTS CENTRE.


Growing awareness

The increasing number of reports of violent attacks in certain regions has aroused growing concerns about the threat which such attacks could mean to a business’ continued operation. While Hong Kong companies (and other companies purchasing their insurance through the Hong Kong market) have generally not been directly targeted, businesses should still consider the risk to their operations as a result of collateral damage from an event, especially businesses with overseas operations.

Risk mitigation

With no control over the timing, severity and location of such events, a risk mitigation strategy of safeguarding against the risk by taking out appropriate insurance on property and resulting lost income, could mean the difference between minimising losses and irreparable damage to the organisation.

Who is it for?

Sectors that may possibly have a higher exposure to this type of event include:

  • Hospitality and Leisure, including hotels, integrated resorts, casinos, stadiums and sports centres
  • Media and Telecommunications, including transmitters, studios and tower structures
  • Infrastructure (tunnels, transportation systems, waste treatment, land reclamation work and roads)
  • Government, Public and Facilities buildings (Embassies, Ministry buildings)
  • Public Suppliers (Power and Energy, Water and Gas)
  • Financial Institutions
  • Educational establishments

What is covered?

Our Property Terrorism insurance is specifically designed to cover the following risks:

  • Sabotage - Deliberate subversion to cause harm or destruction of property
  • Terrorism - The unlawful use of violence against persons or property