As tension escalates amidst the ongoing war in the Gulf, the General Arab Insurance Federation (GAIF) urges stakeholders to consider alternative solutions to strengthen the sector's capacity to deal with war risks.
Persian Gulf states have experienced material damage from retaliatory Iranian missile and drone attacks, following the commencement of hostilities between the US, Israel, and Iran on 28 February, according to a report released by Guy Carpenter, a Marsh business and leading global risk and reinsurance specialist.
The global reinsurance market is continuing to soften, with noticeable rate reductions seen in key 1 April renewal regions across Asia and India, according to a recent report by Guy Carpenter, a Marsh McLennan business and leading global risk and reinsurance specialist.
The China Reinsurance (Group) Corporation (China Re Group) has carried out a preliminary comprehensive assessment of the impact of the US-Israeli-Iran hostilities on its operations. The Group finds that the current impact of the war on it is generally manageable, but uncertainties remain due to ongoing developments.
Reinsurers are adopting a 'client-by-client' approach for 1 April renewals, amdist the ongoing Middle East armed hostilities, according to a report published by Howden Re.
The investment performance of insurers and takaful operators (ITOs) will remain sensitive to financial market conditions amid global economic and policy uncertainties, including those arising from the conflict in the Middle East, Bank Negara Malaysia (BNM) said.
The Middle East conflict could lead to an energy-supply crunch that may derail activity in Asia-Pacific, says S&P Global Ratings in a new report.
Fitch Ratings has published an adverse macroeconomic case risk heat map analysing the exposure of issuers' standalone credit profiles to an alternative, more severe Iran conflict scenario than that outlined in its March 2026 Global Economic Outlook (GEO).
The ongoing military confrontation in the Middle East reinforces the position that war risk is a dynamic exposure, not a static extension, said Mr Hani Al-Kurdi, Vice President, Marine, at Apex Insurance & Reinsurance Brokers.