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Uncertainty in Brazil boosting insurance coverage on riots, political demonstrations

Political and economic uncertainty in Brazil is boosting insurancesales for coverage against riots and political demonstrations, Diário Comércio Indústria e Serviços reported.

Ana Maria Lorenzo Acácio, product development manager at , reportedlysaid that the volume of property insurance to cover such issues has doubled overthe past three years.

"The impeachment scenario and the economic recession havea high impact on the increase in these contracts mainly because … we are in a timeof more people on the streets and greater risks for companies," Acácio reportedlysaid.

The executive believes that this type of coverage will keep growingfor the next two years.