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The Nexus
POLITICSMay 19 · 15:51 UTCCNBC TOP

Trump says it's not a 'war.' Insurers with money on the line say it is

Donald Trump downplays the situation as not a 'war', while insurance companies disagree due to their financial exposure. Many Middle Eastern businesses have insurance against terrorism or sabotage, but fewer have war coverage. This discrepancy may lead to significant financial losses for insurers.

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