Multi-class specialty MGA, HIVE Underwriting, has appointed Mr James Lee as Non-Executive Director.
Oil crisis precipitated by the US-Iran War has hurt global growth prospects and has led to lowering of 2026 forecast for global growth by 0.2pp to 2.4%, according to Fitch's Global Economic Outlook June 2026.
The Fidelis Partnership (TFP) has launched the TFP PVT Consortium to deploy meaningful new capacity into the War, Terror and Political Violence (WTPV) market at a time of heightened global demand and significant market dislocation resulting from the Middle East conflict.
The Middle East conflict has weakened the outlook for Thailand's insurance premium growth this year, driven by surging energy prices, higher reinsurance costs, and increased financial market volatility, according to the regulator.
Marine hull war, marine cargo war and political violence business are seeing "extreme" stress levels, driven by vessel attacks, energy facility and property attacks, premium spikes and growing uncertainty around claims development., says Howden Re Business Intelligence.
For the insurance industry, and especially the Political Violence & Terrorism (PVT) business, the war in the Middle East may lead to significant losses in some areas and new risk assessments for selected key industries and regions, according to the "Political Violence and Civil Unrest Trends 2026" report from Allianz Commercial.
The rise in civil unrest across Asia has led to significant insured losses in countries like Indonesia and Nepal in 2025, according to a new report from Allianz Commercial.
In this edition of the MEIR Dialogue, we speak to Norton Rose Fulbright's Partner and Head of Middle East Insurance Shabnam Karim on the far-reaching impact of the current conflict in the Middle East on the regional and global (re)insurance industry. The ongoing hostilities have created an extraordinarily complex risk environment, and insurers, reinsurers, brokers, and policyholders alike are grappling with a range of coverage, claims, and regulatory challenges that extend well beyond traditional war and terrorism exposures.
Orient Insurance, the UAE's leading insurance provider and a subsidiary of Al-Futtaim, has launched four competitive and comprehensive war risk protection solutions, as businesses and individuals are increasingly seeking robust Insurance solutions to help navigate evolving operational and geopolitical risks.