US gov is not going to reimburse a private company for war damage caused by a sovereign country.
Property insurance generally has war exclusions, insurance co will deny claims. Unless there is some affordable magic 100% war damage coverage policy sold in the middle east, which is doubtful, no insurer would be able to successfully underwrite anything like that.
The company eats the losses and the recovery efforts it wants to persue.
Property insurance generally has war exclusions, insurance co will deny claims. Unless there is some affordable magic 100% war damage coverage policy sold in the middle east, which is doubtful, no insurer would be able to successfully underwrite anything like that.
The company eats the losses and the recovery efforts it wants to persue.