{
    "success": true,
    "data": {
        "id": 1683745,
        "msgid": "video-ripple-effects-of-war-war-risk-insurance-premiums-rise-1776415883",
        "date": "2026-04-17 15:12:25",
        "title": "Video: Ripple Effects of War, War Risk Insurance Premiums Rise",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "Geopolitical tensions, particularly the Middle East conflict, are driving up war risk insurance premiums for shipping routes through conflict zones, leading to reduced demand and increased claims in cargo, marine hull, and travel insurance sectors, according to MPM Insurance's President Director Wayan Pariama. Meanwhile, electric vehicle insurance is seeing a surge in demand, supporting sales amid pressures on conventional fuel-based vehicles. The industry also faces challenges from low market penetration, necessitating greater education and technological transaction ease.",
        "content": "<p>Jakarta, CNBC Indonesia - President Director of MPM Insurance, Wayan\nPariama, has revealed several impacts of global geopolitical turmoil on\nthe general insurance industry. For MPM Insurance (PT Asuransi Mitra\nPelindung Mustika), which focuses on asset protection and loss coverage,\nthe Middle East war is most acutely felt in cargo\/shipping insurance,\nmarine hull\/shipping insurance, and even motor vehicle\/motorcycle and\ntravel insurance.<\/p>\n<p>Currently, there has been an impact in the form of rising war risk\npremiums related to shipping passing through conflict areas, so the\nlonger the conflict persists, the more insurance interest decreases and\nclaims increase.<\/p>\n<p>Meanwhile, on the electric vehicle insurance side, there is currently\nan increase in demand, which supports sales of conventional internal\ncombustion engine (ICE) fuel-based vehicles that are under pressure.<\/p>\n<p>Wayan Pariama also highlighted several other challenges in the\ngeneral insurance industry, namely the still low market penetration,\nwhich requires efforts to increase education and ease of transactions\nthrough technological services.<\/p>\n<p>For more details, watch the dialogue between Syarifah Rahma and\nPresident Director of MPM Insurance, Wayan Pariama, in Power Lunch, CNBC\nIndonesia (Friday, 17\/04\/2026).<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/video-ripple-effects-of-war-war-risk-insurance-premiums-rise-1776415883",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}