US-Iran war: a live timeline for the re/insurance market
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.
Moody’s concurs: Middle east conflict at last just weeks
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 braced for specialty line losses from Middle East war
Hannover Re is so far unscathed by the Middle East war and does not expect any “significant” impact going forward. Read the article.
Political risk capacity, appetite squeeze looms as Middle East tensions rise
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.
Aon: Middle East escalation could pressure credit renewals
An escalation or prolonging of the Middle East war could place pressure on credit insurers at upcoming renewals, potentially affecting pricing and/or capacity, a senior Aon executive has warned. Read the article.