Middle East Conflict Monitor: Oil crisis hits world growth outlook

...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....

ME conflict: Fidelis Partnership launches PVT consortium

...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....

ME conflict may trigger a technological revolution the market is not prepared for in the long-term

...From a very short-term perspective, conflicts such as the one in the Middle East can certainly trigger corrections. But from a longer-term perspective, what we are seeing is a full-fledged technological revolution. We risk becoming overly cautious....

ME Conflict: Rising energy costs and volatility blunt Thai insurance growth prospects

...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....

ME conflict: Marine hull , cargo war and PV markets pushed to 'extreme' stress

...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....

ME Conflict: Insured losses in Thailand driven by impacted imports of components; not direct factors

ME conflict: Insurers respond to rising demand for specialty risk insurance

...Rising geopolitical tensions have increasingly affected insurance markets across the GCC, driving stronger demand for specialty insurance products such as war-risk, marine, political risk, and cyber insurance, according to Dubai-based investment banking advisory firm Alpen Capital....

ME conflict: Strong start to 2026 for GCC listed insurers despite regional tensions

...GCC insurers entered the ongoing regional geopolitical escalation from a position of relative strength, with 1Q2026 results continuing to reflect strong premium growth and profitability across most markets, according to a report by research and consulting firm Insurance Monitor and Lux Actuaries and...

ME conflict: The UAE helps reduce stress from uncertainty among citizens with visible presence

...As the Middle East faces a period of uncertainty and conflict due to continuing tensions in the region, the UAE has acted swiftly to support the mental health and wellbeing of its population....

ME conflict expected to surpass Ukraine as costliest event for PVT insurance market

...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" r...

MEIR Dialogue: Discussing the legal ramifications of the US-Iran War

...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 extraordi...

ME conflict: Orient Insurance launches war risk protection solutions

...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 geopolitic...

ME conflict: ADNIC posts US$27m in 1Q2026 pre-tax profit, cites prudent geo-politics-related provisions

...Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers, has announced a net profit before tax of AED99.5m ($27.1m) for 1Q2026....

ME conflict: UAE residents remain resilient amid regional conflict, Cigna Healthcare reveals

...UAE residents continue to report high levels of safety, optimism and belonging despite regional conflict and cost pressures, but financial strain remains the clearest challenge to long-term wellbeing, according to new research from Cigna Healthcare....

Conflict Monitor: Geopolitical risks reshape aviation insurance in APAC

...Geopolitical volatility has fundamentally reshaped aviation risk across Asia-Pacific, as conflict zones have become less predictable and can escalate rapidly, affecting airspace, ground assets and liability exposure with little warning, according to Tokio Marine Kiln Head of Aviation Asia Pacific No...

ME conflict: Regional tensions drive higher costs and insurance complexity for Asian airlines, says Aon

...The armed conflict in the Middle East has led to "increased operational and insurance complexity for Asian airlines", according to Aon's Associate Director for Aviation in Asia Ms Vanessa Chen....

ME conflict: Fragile ceasefire weighs on global energy market and growth prospects

...The global outlook remains highly uncertain amid an increasingly prolonged confrontation and fragile ceasefire between the US and Iran. Drawn-out negotiations, ongoing shipping blockades and the risk of military escalation threaten the truce's durability, says Moody's Ratings (Moody's) in its "Globa...

Conflict monitor: Political risks driven by economic policy still outweigh those from international conflict

...Political risks driven by economic policy still outweigh those from international conflict, according to the ninth annual Political Risk Survey Report by Willis....

ME conflict: Hannover Re sees little impact from Iran war so far

...Hannover Re, one of the world's leading reinsurers, has reported a strong start to 2026, continuing positive trends from recent quarters, despite the uncertainties created by the Middle East conflict....

ME conflict: Munich Re books provisions of US$106m for Iran war claims

...Reinsurance giant Munich Re has allocated EUR90m ($105.6m) in the first quarter of this year for claims for damages from the Middle East armed hostilities, according to the company's CFO, Mr Andrew Buchanan....

Conflict Monitor: Chinese insurers to reinsure Russian LNG supplies to China

...Russia's Central Bank has instructed Russian insurers to reinsure risks related to liquefied natural gas (LNG) supplies to China with Chinese insurers, reported the Odessa Journal....

ME conflict: Air freight and credit risks are rising for Australian and NZ exporters

...Moving cargo in and out of countries by air has been impacted by the conflict in the Middle East, even as flights in and out of the region have started to return to normal....

ME conflict: Kuwait Re says it is unaffected by the Iran war

...Kuwait Reinsurance Company (Kuwait Re) has disclosed that it has not experienced any material disruption to its business due to the Iran war, as it released its 2026 first-quarter financial results....

ME conflict: New reality means marine insurance and war risk coverage irrevocably altered

...Recent global developments have underscored the growing importance of marine insurance and war risk coverage, placing new pressures on the insurance sector, according to a senior official of the Financial Services Authority (FSA)....

ME conflict: Swiss Re provides US$400m reserves for secondary impacts of the war

...Global reinsurance giant Swiss Re has set aside an additional reserve of $400m for the Middle East war....

ME conflict creates "trapped asset" dilemma

...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 "...

Conflict monitor: Oil spills in Strait of Hormuz pose risk to unique ecosystem

...Oil pollution spreading across the Persian Gulf following recent military strikes around Iran is now visible from space, prompting urgent warnings from experts that the situation could escalate into a major environmental disaster if not contained quickly, according to The Climate Watch, an independe...

ME conflict: Oil pollution in Strait of Hormuz may lead to water crisis

...Evidence of oil pollution was found near the coast of Kuwait in early April, with Iran's Islamic Revolutionary Guard Corps claiming it had targeted energy and petrochemical facilities across the region in retaliatory attacks....

Conflict monitor: Thailand's regulator uses Middle East conflict as severe simulated scenario in stress test

...Thailand's insurance regulator, the Office of the Insurance Commission (OIC), announced that this year, it will be using a Top-Down Scenario approach to assess the systemic impact of various events, as part of the framework for conducting the 2026 OIC Stress Test for life and non-life insurance comp...

ME conflict: SCOR says 1Q2026 P&C results allow for precautionary mid-double-digit IBNR provision related to Iran war uncertainties

...Paris-headquartered reinsurance giant SCOR has recorded a net income of EUR225m (EUR220m adjusted, that is, excluding the 'mark to market' impact of the option on own shares) in 1Q2026, supported by all business activities, the company said in a statement....

Conflict monitor: Global insurance market signals brief window for buyers as geopolitical and legal volatility accelerates

...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 nar...

Conflict monitor: Indonesia Re reveals impact of weakening rupiah and Middle East conflict on premiums

...Indonesia Re assessed that the pressure on the rupiah exchange rate against the dollar has the potential to increase reinsurance costs amid the escalation of conflict in the Middle East....

MEIR Dialogue: A deep dive into the financial considerations for the industry

...In this edition of the MEIR Dialogue, we speak to Moody's Vice President - Senior Analyst Mohammed Ali Londe and Vice President - Senior Credit Officer Brandan Holmes on how the (re)insurance industry will adapt to the ongoing conflict in the long run....

ME conflict: Organisations should work to boost preparedness

...The Iran-US ceasefire presents a critical opportunity for organisations to recalibrate plans and revisit processes in case the fragile peace is broken and conflict resumes in the Middle East, according to the Middle East Construction Risk Management Risk Briefings....

ME conflict: QIC reports 6% net profit growth in 1Q2026 despite Iran war

...Qatar Insurance (QIC), the leading insurer in Qatar and the Middle East and North Africa (MENA) region, has reported a net profit of QAR217m ($59.6m) for the first quarter of 2026, an increase of 6% from QAR205m for the corresponding quarter in 2025....

Conflict monitor: India should proactively consider establishing a Ministry of Risk Management

...ME conflict has highlighted that risk management is not just for the financial sector but for entire corporations.Dr Kumar said, “For Indian companies th...

Conflict Monitor: Iran tensions reshape airline insurance risk and operations

...There are three areas of concern in the airline insurance market due to the conflict in the Middle East, according to a recent industry report. The analysis by WTW, titled Airline Insurance Market Renewal Outlook: Q2 2026, highlights three areas of concern: immediate operational disruption, heighten...

ME conflict: CBI claims related to helium scarcity depend on policy wording and trigger definitions

...Helium scarcity presents a unique underwriting challenge. However, while it pressures costs and revenues across multiple sectors, it rarely manifests as a singular 'event' that triggers widespread losses across diverse insurance lines, according to Moody's Chief Research Officer-Insurance Solutions...

New Zealand: Businesses must proactively manage complex risks

...The conflict in the Middle East has zeroed in how interconnected global trade is, as well as the New Zealand's reliance on a small number of shipping corridors....

Conflict monitor: Food security at risk

...Agrifood, an important sector highly dependent on diesel used for planting, harvesting, processing and transportation, will be severely impacted if the conflict lasts any longer due to higher oil and fertiliser prices....

ME conflict: Iran War's impact on Gulf Union Alahlia Cooperative Insurance seen as limited

...The direct impact of the conflict in the Middle East on Saudi Arabia's Gulf Union Alahlia Cooperative Insurance (Gulf Union) is expected to be limited, according to Fitch Ratings....

ME conflict: War turmoil expected to have limited impact on Sukoon's operating performance

...The ongoing geopolitical tensions in the Middle East are expected to have a limited effect on the operating performance of Sukoon Insurance, one of the UAE biggest insurers, according to S&P Global Ratings (S&P)....

ME conflict: Insurance federation recommends ways to minimise repercussions of war

...The Insurers' Federation of Egypt (IFE) has issued a set of recommendations to help insurers navigate geopolitical tensions and the war between the Iran-Israel-US war....

ME conflict: ADNIC expected to chalk up profit and revenue growth

...The operating performance of UAE-based Abu Dhabi National Insurance Co (ADNIC) is expected to remain resilient, according to S&P Global Ratings (S&P)....

ME conflict: Airlines mitigate risk by repositioning aircraft

...Airlines have adapted their operations through longer routings and revised scheduling since the Iran war began on 28 February. These moves have contributed to increased flight times, fuel consumption and overall operating costs....

Conflict monitor: Increase in BI-related claims expected in coming years

...The next one to two years could see expectations of a gradual increase in business interruption-related claims among SMEs, from supply chain disruption....

Conflict Monitor: Alternative shipping routes being explored for seamless global trade

...The Middle East conflict is taking a major toll on global shipping and trade, leading to growing interest in alternative maritime routes, including the Arctic corridor....

ME conflict: Whitepaper outlines emerging opportunities in Qatar post-war

...While conflicts such as the ongoing Iran-Israel-US war present clear risks, they may also give rise to emerging opportunities, says global professional services provider KPMG....

ME conflict: Morocco's insurance market braces for new era of geopolitical risk

...The Moroccan insurance industry has entered into a new phase of uncertainty, in the wake of the outbreak of armed hostilities in the Middle East, according to Mr Mohamed Hassan Bensalah, President of the Moroccan Insurance Federation (FMA)....

Conflict monitor: Sri Lanka among worst impacted in APAC by Middle East war

...Sri Lanka is among the worst impacted countries in Asia-Pacific due to the ripple effects of the Middle East crisis, according to a new report by UNDP....