Insurance — Marine Insurance Risk Escalates in Middle East as U.S. Intervention and Market Forces Reshape Coverage Landscape

Insurance · 2026-03-04

Today's developments reveal a complex interplay between geopolitical tensions and insurance market dynamics, particularly in marine and terrorism coverage. The expansion of high-risk zones in the Gulf by London's marine insurance market, coupled with U.S. government intervention through political risk insurance guarantees, signals a fundamental shift in maritime risk assessment. Paradoxically,…