No consensus over new going hull rate but trend clearly down

Marine carriers bear more than $45bn in exposure on hull-only policies, while aviation hull liabilities come to about $35bn, says Guy Carpenter

While insurers welcome the ceasefire, the LMA cautions trade is unlikely to ‘simply resume’

Public-private partnership ‘brings stability to maritime trade at a critical moment’, chief executive contends, but there are still no known users for Iran conflict emergency facility

Making payments to transit the Strait of Hormuz could land shipowners in a legal grey area, particularly given that Iran’s Islamic Revolutionary Guard Corps has been designated as a terrorist organisation by several countries

‘Lot of talk but not a great deal of action,’ market sources say, with reinsurance facility understood to have no known users 

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

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

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

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

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

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

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

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

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

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