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.
Hidden upstream vulnerabilities in global supply chains mean many organisations underestimate their exposure to the Middle East crisis, even if they believe they have little direct connection to the region, Marsh Risk’s global supply chain practice leader believes. Read the article.
Rating agency Moody’s agrees with a Fitch estimate that the current Middle East conflict will last “a matter of weeks”. Read the story.
Hannover Re is so far unscathed by the Middle East war and does not expect any “significant” impact going forward. Read the article.
The political risk market is expected to see appetite and capacity tighten as the Middle East crisis evolves, with insurers closely monitoring escalation risks and second-order impacts beyond physical damage. Read the full story.
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