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Middle East and Africa

This region's insurance markets are expected to undergo rapid expansion

 

Static approach to Middle East risk insufficient: WTW

The scale and spillover of the current crisis is drawing corporate operations and global supply chains directly into the conflict environment, according to WTW’s Patrick Rogers

Strait of Hormuz crisis Middle East and Africa

AM Best keeps stable outlook on London market

London market should see profits in 2026 despite softening in some lines

Strait of Hormuz crisis Property

Insurers still writing all marine classes in Gulf, IUMI insists

Lawyers raise spectre of 12-month total loss claims for deprivation of use, with aggregate payout potentially running to billions of dollars

Strait of Hormuz crisis Iran

WTW warns on Hormuz-Bab el Mandeb simultaneous closure nightmare

Base case remains ceasefire in next few weeks, but fears growing that Houthis could resume Red Sea attacks

Strait of Hormuz crisis Marine

UAE insurance ambitions ‘likely to withstand short war’

A prolonged conflict increases risk of the UAE becoming less attractive to insurance market, analysts warn

Specialty United Arab Emirates

Political risk insurance demand set to spike as Middle East tensions grow

Growing appetite for cover as missile strikes and regional unpredictability heighten threats to businesses, survey finds

Strait of Hormuz crisis United Arab Emirates

Chubb updates on US Gulf reinsurance plan

US insurance giant will set prices and handle claims, while the federal government will determine access terms

Strait of Hormuz crisis Marine

Middle East tensions raise aggregation risks for terrorism insurers

Prolonged conflict could lead to stricter underwriting conditions and reduced capacity, particularly for risks linked to critical infrastructure and high-profile locations, analysts warn

Strait of Hormuz crisis International

Dire straits

Costlier energy is only one in a pileup of risks facing re/insurers for many months to come

Strait of Hormuz crisis Iran

Prolonged Iran conflict ‘could expose reinsurers to economic turmoil’

AM Best warns on regional and global impacts of a prolonged war in the Middle East

Strait of Hormuz crisis Lloyds
FREE TO READ

How a prolonged Gulf conflict could squeeze P&I clubs

Exposure limited for now, as Standard & Poor’s flags possible risk to investment returns

Strait of Hormuz crisis Iran

Chubb to lead US reinsurance facility for Gulf shipping

Other American insurance companies have been identified to provide additional reinsurance capacity, Development Finance Corporation says

Strait of Hormuz crisis Reinsurance
FREE TO READ

Three vessels struck in Middle East Gulf

Two bulkers and a containership were damaged in this morning’s attacks

Strait of Hormuz crisis Iran

Santam trims COR to 88.7% in 2025

South Africa’s largest general insurer reports strong growth in property as new Lloyd’s syndicate begins writing business

South Africa Property
FREE TO READ

US launches $20bn reinsurance facility for Gulf shipping

Development Finance Corporation to offer US state-backed coverage in hopes of restarting shipping through Strait of Hormuz, but details remain unclear

United States Iran

Military escort through the Strait of Hormuz unrealistic: Herminius

The vessels that would realistically be used to escort commercial vessels are currently being used to defend the US’s carrier fleet

Strait of Hormuz crisis Specialty
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