Burj Khalifa: Is World's Tallest Building Insured Against War Damage?

• The Burj Khalifa was evacuated during retaliatory strikes in the UAE, raising questions about its war damage insurance.
• Developed by Emaar Properties, the 828-meter tower houses residences, offices, hospitality, and observation decks.
• Oman Insurance provided primary coverage, with Munich Re as lead reinsurer; insured value was $1.5 billion at the time.
• Commercial assets in Dubai often include political violence extensions, but standard policies typically exclude declared war unless specific war-risk coverage is purchased.
• Current replacement cost estimates range from $2.8 to $3.5 billion, significantly higher than its original construction cost.