Insurance — Middle East Conflict Impacts Marine and Trade Insurance, Cyber Risk Escalates

Insurance · 2026-04-16

TODAY'S SIGNAL — The Iran conflict is now a multi-vector insurance event. Maersk's 410-450% cargo rate increases for Middle East ports, African Trade Insurance Agency's $500M capital raise, Korean Re's new Hormuz detour product, and China's export stall all trace back to the same war — but they're hitting different books of business simultaneously: marine cargo, trade credit, political risk, and…