Insurance — Middle East Conflict Disrupts Maritime Insurance and Global Supply Chains

Insurance · 2026-03-05

The escalating U.S.-Iran conflict has created a perfect storm in the insurance sector, particularly affecting maritime and aviation coverage. The disruption of shipping through the Strait of Hormuz, combined with attacks on vessels and air cargo restrictions, has reduced global cargo capacity by over 20%. London marine insurers are maintaining coverage but with significantly increased war risk…