Insurance — Middle East Crisis and Natural Disasters Drive Major Insurance Market Disruptions; Commercial Rates Show Moderation

Insurance · 2026-03-13

Today's developments reveal a complex risk landscape reshaping the insurance industry. The convergence of geopolitical tensions in the Middle East - with mine laying in the Strait of Hormuz and oil tanker attacks - represents the largest oil supply disruption in history according to the IEA, which will significantly impact marine and energy insurance markets. Meanwhile, domestic natural…