Subject: War Page 1 / 2
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- March 20 2026
India weighs US$107.5m war risk pool for Strait of Hormuz shipments: report
Facility would be feasible only after the route through the Strait of Hormuz opens up, a government official told the Economic Times.
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- March 19 2026
Insurers brace for fallout as Iran conflict ‘not a single-line issue’
Industry expects the ripple effects of the conflict to drive disruption-related losses, rather than physical damage.
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- March 18 2026
Drone strike on Dubai airport puts 119 aircraft worth US$12bn at risk: Russell
Flight cancellations, some lasting till June, highlight that aviation sector is on the front line of the conflict in the Middle East, according to the specialty risk intelligence specialist.
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- March 6 2026
War cover for Gulf and Red Sea available on single-voyage basis amid fluid risks: IUMI
In the current fast-paced situation, insurers will regularly re-examine their ability and willingness to provide that provide cover.
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- March 4 2026
War-related supply chain disruption ‘the top of every agenda’: Allianz Commercial
Global supply chain collapse due to conflict foremost concern of respondents in Asia Pacific, according to a new Allianz Commercial survey.
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- March 4 2026
Legal precedent raises stakes for aviation war insurers as Iran conflict grounds fleets
Aviation war market faces a flurry of policy cancellations and reinstatements this week, with rates expected to surge by triple digits.
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- March 3 2026
Middle East conflict to heighten earnings volatility for global reinsurers: S&P
The conflict disproportionately affects specialty lines, a segment that insures complex or high‑risk exposures, including war risk, aviation, energy, political violence, and other niche classes, the rating agency said.
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- March 3 2026
Warning of 50% spike in marine war risk premiums as Iran conflict intensifies
With US$500bn in energy trade at a standstill, proportionality and caution are the watchwords for the marine market as it braces for a prolonged crisis.
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- March 2 2026
US-Israeli strikes on Iran force marine war market repricing amid elevated geopolitical risks: Aon’s Stephen Rudman
While there is no systemic withdrawal of capacity, underwriters have cancelled certain hull war policies and are offering reinstatement of cover at materially increased rates, the broker's head of marine in Asia says.
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- March 1 2026
War risk insurers cancel covers, raise prices for ships in Gulf and Strait of Hormuz: report
Insurance rates could rise by as much as 50% following Iran's retaliatory stirkes against US-Israel, meanwhile, cargo war-risk insurers are also preparing to issue cancellation notices on Monday.
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- August 12 2025
Chinese lessor Avmax secures US$29m from Liberty-led insurers for planes lost in Russia
Company had leasing contracts with Russian carriers for three Dash 8 turboprop regional airliners, which are now irretrievable due to sanctions.
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- June 12 2025
Watershed moment as insurers told to cover jets stranded in Russia
AerCap, which owns 116 of the planes, was awarded US$1bn after the judge ruled that the cause of the loss was 'an act or order of the Russian government' and should be covered by war risks policies.
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- May 23 2025
SMBC Aviation’s insurance settlements for jets stranded in Russia reach US$1.4bn
Japanese aircraft lessor says it received US$24m in FY25 and US$630m, in addition to a US$756m settlement from Russian insurer NSK in 2023.
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- May 13 2025
India-Pakistan tensions put pressure on pricing, capacity as carriers remain cautious
Market is unlikely to face significant losses due to limited appetite for risks associated with high exposure near the border region, says industry expert.
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- February 10 2025
Liberty Specialty Markets’ Dipam Pandit handed expanded Asia role
Singapore-based Pandit named regional head of broker distribution with the global (re)insurer.
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- November 1 2024
Specialty growth, Australia, Dubai operations fire up Markel’s APAC growth
The Lloyd’s player, set to grow premiums by 40% in 2024, is seeing strong demand for the war, renewable energy, and casualty classes in the region, says Christian Stobbs.
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- June 11 2024
Asian geopolitical threats cast a shadow in boardrooms
Demand for political violence coverage continues to increase while reinsurance capacity and appetite are reducing over fears that escalation in the South China Sea could disrupt supply chains and trigger civil unrests.
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- February 19 2024
Skuld, Steamship and West P&I offer reinstatements as all clubs cancel Red Sea war cover
Some of the other clubs are still exploring solutions to offer buy-back cover from the reinsurance markets; Gard has announced an extension of cover for crew liabilities.
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- January 26 2024
Alternative shipping routes create new risks for (re)insurers
As vessels look for solutions to escalating Red Sea crisis, increasing costs, delays, piracy risks and dangers of regulatory action because of increased carbon emissions present challenges to carriers.
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- January 12 2024
Asia SRCC and terrorism market seeks further protection as unrest looms
Underwriters unsettled by rising losses are looking to limit exposures with political and civil unrest risks going up in more than 50% of countries over the last 12 months.
