...A new Lloyd's market consortium designed to provide additional marine war risk insurance capacity for vessels and cargo transiting the Strait of Hormuz was launched last week....
Source : MiddleEast | 21 Jun 2026...Governments in several countries, such as Japan, have released statements welcoming the Iran-US memorandum of understanding (MoU ), mentioning in particular, free and safe navigation through the Strait of Hormuz....
Source : MiddleEast | 18 Jun 2026...The peace deal between Iran and the US is described as "genuinely significant" by EDME Insurance Brokers' Managing Director - Reinsurance & Global Head of Natural Resources, Mr Kunal Khann....
Source : MiddleEast | 17 Jun 2026...Iran and the US have agreed on a memorandum of understanding (MoU) to end the armed conflict which broke out between them on 28 February....
Source : MiddleEast | 17 Jun 2026...From a risk management perspective, the Iran-US MOU should be assessed beyond its immediate political implications. For the insurance industry, the key question is whether this framework creates sustainable regional stability or only provides a temporary reduction in uncertainty, according to Ms Ash...
Source : MiddleEast | 17 Jun 2026...Mr Chakib Abouzaid, the Secretary-General of the General Arab Insurance Federation (GAIF), made a statement on Iran and the US reaching agreement on a memorandum of understanding to end the Middle East war....
Source : MiddleEast | 17 Jun 2026...The security situation for the shipping industry remains volatile, even after the reported peace deal between the US and Iran, according to BIMCO, the world's largest direct-membership organisation for shipowners, charterers, shipbrokers and agents....
Source : MiddleEast | 16 Jun 2026...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....
Source : eDaily | 08 Jun 2026...Middle East conflict. Guy Carpenter was pleased to place the TFP PVT Consortium to provide structured, dependable capacity at scale. This collaboration combines underwriting expertise and disciplined...
Source : MiddleEast | 07 Jun 2026...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....
Source : MiddleEast | 04 Jun 2026...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....
Source : eDaily | 02 Jun 2026...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....
Source : MiddleEast | 01 Jun 2026...Middle East conflict may be exacerbated.sp...
Source : AIRPlus | 26 May 2026...Middle East conflict, the GCC insurance market is projected to grow at an annualised rate of 4.9% to $61.8bn in 2030 from $48.5bn in 2025./spa...
Source : MiddleEast | 25 May 2026...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...
Source : MiddleEast | 25 May 2026...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....
Source : MiddleEast | 21 May 2026...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...
Source : MiddleEast | 20 May 2026...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...
Source : MiddleEast | 17 May 2026...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...
Source : MiddleEast | 17 May 2026...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....
Source : MiddleEast | 17 May 2026...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....
Source : MiddleEast | 17 May 2026...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...
Source : MiddleEast | 14 May 2026...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....
Source : MiddleEast | 13 May 2026...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....
Source : MiddleEast | 13 May 2026...Middle East Conflict Means for the Agrifood Sector in Australia and New Zealand”, ICAL International Customs and Logistics Director, Mr Mark Coleman, noted that while airlines are becoming more...
Source : MiddleEast | 12 May 2026...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....
Source : MiddleEast | 12 May 2026...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)....
Source : MiddleEast | 11 May 2026...Middle East conflict, Swiss Re established around $400m of IBNR reserves to address potential inflationary impact, of which $350m is in P&C Re./s...
Source : MiddleEast | 11 May 2026...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 "...
Source : MiddleEast | 11 May 2026...Middle East conflict."Both P&C businesses achieved good underwriting results, further supported b...
Source : eDaily | 08 May 2026...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....
Source : MiddleEast | 07 May 2026...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...
Source : eDaily | 07 May 2026...Middle East conflict, SCOR indicated. col width...
Source : AIRPlus | 06 May 2026...Middle East conflict reshaping underwriting and claims in real timeThe report said that escalating geopolitical tensions in the Middle East are weighing on u...
Source : eDaily | 06 May 2026...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....
Source : eDaily | 05 May 2026...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....
Source : MiddleEast | 04 May 2026...Middle East conflict. Across the region, demand weakened, first affecting highly exposed specialty lines, including marine and aviation, as well as tourism-related activities. In addition, consumptio...
Source : MiddleEast | 04 May 2026...Middle East conflict has changed significantly since it began on 28 February, and is still evolving quickly. He added, “Supply conditions and restoration timelines could shift materially depend...
Source : MiddleEast | 30 Apr 2026...Middle East Conflict Means for Agrifood Sector in Australia and New Zealand’.Impacted fertiliser leads to food riskp style="margin-bottom:1...
Source : eDaily | 30 Apr 2026...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....
Source : MiddleEast | 29 Apr 2026...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)....
Source : MiddleEast | 27 Apr 2026...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)....
Source : MiddleEast | 26 Apr 2026...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....
Source : MiddleEast | 23 Apr 2026...Middle East conflict is already affecting shipping routes, insurance and freight costs, transit times and input availability,” said Ms Lee.“For SMEs...
Source : eDaily | 23 Apr 2026...Middle East conflict could be “considered as part of a broader shift toward a more volatile, geopolitically complex operating environment”.For the co...
Source : eDaily | 23 Apr 2026...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....
Source : eDaily | 22 Apr 2026...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....
Source : MiddleEast | 21 Apr 2026...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)....
Source : MiddleEast | 20 Apr 2026...Shipowners and brokers need to take greater consideration of the scope of their war risk cover, and not just the price, as the number of war risk claims following incidents outside of traditional high-risk areas has risen, a senior underwriter at the London P&I Club has warned....
Source : MiddleEast | 19 Apr 2026...Beazley, a leading specialty insurer, has announced its intention to launch a new marine war consortium, to provide up to $1bn of Lloyd's capacity, comprising $500m for Hull War and $500m for cargo war, that will be complementary to the existing capacity available in the market....
Source : MiddleEast | 19 Apr 2026