Political Violence

QBE flags marine loss exposure from extreme weather, tariff volatility and vessel fires in 2026

April 16 2026

Marine insurers face heightened accumulation and cargo fire exposures as environmental and geopolitical risks intensify.

India moves to establish sovereign-backed US$100m war-risk marine insurance pool — reports

April 13 2026

GIC Re and New India Assurance are said to be leading the formation of a US$100m marine war-risk pool to cover vessels on high-risk routes in and around the Persian Gulf.

Singapore insurers face elevated Middle East war risk on marine exposure, S&P says

April 13 2026

APAC insurers are well positioned to absorb Middle East-related stresses, but insurers in Singapore stand out owing to their position as a major shipping and insurance hub.

India considers US$1.5bn reinsurance fund to support insurers amid Gulf tensions — report

April 8 2026

If approved, the proposal would represent a further insurance support measure as geopolitical risk continues to weigh on India’s market.

Specialty lines 'shaped' by Middle East conflict at 1/4 renewals — Guy Carpenter

April 6 2026

Reinsurance rates fell across Asia at the 1 April 2026 renewal, with Japan and India leading price reductions.

DFC adds six new insurers to Gulf maritime facility, doubles capacity to US$40bn

April 6 2026

Liberty, Berkshire, AIG, Starr, Travelers, and CNA join the facility, while Chubb retains its role as lead underwriter.

ICA activates senior committee to manage Middle East conflict impacts on Australia's insurers

April 1 2026

Committee will lead industry-wide coordination, support hardship assistance, and advise small businesses on policy coverage.

japan-rates-return-to-early-2020s-at-1-4-renewals-middle-east-impact-contained-in-specialty-lines-howden-re

1/4 renewals: Japan rates back to early 2020s levels, Middle East impact contained in specialty lines — Howden Re

April 1 2026

Howden Re notes that mid-year renewals may face greater complexity as reinsurers review exposure and pricing in light of ongoing Middle East tensions.

hormuz-closure-reverberates-beyond-marine-war-risk-as-howden-re-flags-macro-transmission-channel

Asia bears brunt of Hormuz disruption as closure drives specialty repricing — Howden Re

March 27 2026

War-risk cancellations have pushed cover towards voyage-by-voyage placements and lifted some premiums to as much as 2%–3% of a vessel’s value.

us-maritime-reinsurance-programme-for-hormuz-shipping-set-to-launch-bessent-says

US maritime reinsurance programme for Hormuz shipping set to launch "soon", says US Treasury Secretary

March 27 2026

Three weeks after the facility was first announced, US Treasury Secretary Scott Bessent expressed confidence that Gulf shipping traffic would recover.

The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August