Follow Intelligent Insurer’s rolling coverage of the escalating US-Iran conflict, with a focus on developments that matter to the global insurance and reinsurance industry.
The Middle East conflict has hit a tipping point, with attacks on vessels threatening to overload ports and spike insurance claims, Kennedys has warned. Read the full story.
London Market and global specialty insurers are set to bear the most direct exposure to the US–Israel conflict with Iran, though rating implications for the global insurance sector are expected to remain limited. Read the story.
The wider economic consequences of the Middle East conflict are more likely to have repercussions for global re/insurers over short-term impacts, says AM Best. Read the article.
Escalation of the Middle East war could raise the risk of malicious cyber activity worldwide, though it is too early to determine whether regional threat actors will launch a coordinated attack pattern, Aon cyber solutions global leader Brent Reith has said. Read the full story.
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