The hostilities in the Middle East have triggered a surge in discussions and notifications regarding Constructive Total Loss (CTL), but these have not yet translated into a material rise in accepted claims. The industry is seeing a trend where assets remain physically undamaged but are effectively "trapped" in conflict zones.
Cyber remains the top risk for businesses of all sizes, sectors and regions, yet a survey by Beazley found that 83% of Singaporean business leaders still report confidence in their ability to fully financially recover from an attack.
Early adopters of agentic AI are already demonstrating tangible gains across claims, underwriting, and policy servicing-shifting economics, strengthening customer trust at critical moments, and creating operating leverage that compounds over time, according to global professional services company, Deloitte.
The global commercial insurance market entered 2026 with rare tailwinds for buyers, offering broad capacity, flexible underwriting and competitive pricing across many major lines, but the favourable environment sits alongside rising geopolitical, legal and claims-related risks that could quickly narrow options for organizations that delay action, says a new report from Aon.
Organisations and their people are operating under sustained uncertainty because of rising cyber threats, rapid adoption of AI and skilled labour shortages, according to 2026 People Risks report by Marsh.
Organisations and their people are operating under sustained uncertainty because of rising cyber threats, the rapid adoption of AI and skilled labour shortages, according to the "People Risks 2026" report, published by Marsh, the world's biggest insurance brokerage.
Although cyber remains the top risk for businesses of all sizes, sectors and regions, it was found that 83% of Singaporean business leaders still report confidence in their ability to fully financially recover from an attack. Despite this, 27% of respondents plan to invest in stronger cyber security.
Descartes Underwriting, a provider of parametric (re)insurance solutions for climate, cyber and emerging risks, has appointed Mr Jean Hermelin as Chief Strategy Officer. He will also join the Executive Committee.
Cyber risk has taken on a new threat level, with attackers now following a fast "smash and grab" approach, meaning they do not linger or spy for long. Instead, they typically launch ransomware and cause disruption in about a day, Beazley Security points out.
Middle East Insurance Review (MEIR), in solidarity with the insurance market, has started a special series named "Middle East Conflict: The MEIR Dialogue" to discuss the insurance impact of the armed confrontation across MENA as well as globally. The series continues with an interview with Zurich Insurance Senior Executive Officer for Commercial Insurance Middle East Peter Englund.