Politique Risk Insurance Market: Trends and Outlook 2026

Rémy Verlyck

White papers

3 minutes

03 February 2026

In 2026, political risk is now ranked among the most critical threats.

For several years, geopolitics has taken a central place in international economic dynamics. The entrenchment of existing conflicts, the opening of new theaters of operations, and the risk of escalation between nuclear powers are creating lasting instability. This increased conflictuality now prevails over traditional production and exchange logics, deeply redefining implantation and development strategies of international companies.

Our economic outlook for 2026 provides you with the keys to understanding major developments and anticipating their effects.

Download the document
risque politique

What to remember:

  • Supply chain disruptions in full upheaval: Customs disruptions and trade tensions weaken global supply chains. This fragility highlights the need for companies to integrate more proactive management of the impact of geopolitics on credit risk.
  • Increasing global pressure on critical minerals: These key resources for technology, defense, and carbon transition are at the heart of growing competition among major powers. Demand is rising while supply remains concentrated in sensitive areas, creating instability for dependent industries.
  • Expanding insurance market: The insurance market continues to grow, driven by increased actors and intensified competition. This dynamic boosts capacities and generally lowers premium rates, making specialized coverage more accessible. However, the market can quickly adopt a more conservative stance in reaction to major crises or disasters. Anticipation remains an asset.
  • Political risks: high demand In an environment marked by geopolitical and commercial volatility, companies are turning massively to political risk insurance. According to the Howden 2025 report, demand has increased by 33%, illustrating a global awareness: these guarantees are becoming essential to protect client positions, reassure funders, secure operations in sensitive jurisdictions, and seize high-yield opportunities despite the complexity of the international context.

For a comprehensive analysis and detailed recommendations, consult our Howden economic outlook note.

Why integrate these solutions into your resilience strategy?

Adopting structured insurance solutions today constitutes a major lever of resilience. They strengthen the balance sheet, absorb external shocks, secure financial and operational flows, and protect the value chain as well as international investments. Our political risk insurance solutions offer strategic protection for your operations and your client portfolio, in order to sustainably secure your growth.

To go further