Episode 5: US-Iran Conflict - Insurance Market Impact Analysis
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About this listen
This strategic analysis examines the immediate and far-reaching insurance impacts of the U.S. airstrike on Iran announced on June 21, 2025. Marine war-risk premiums are projected to surge, especially for ships navigating the Persian Gulf and Strait of Hormuz, with insurers likely introducing stricter exclusions and enhanced security requirements. Aviation insurers face increased exposure, as airlines reroute flights and reassess regional risk, triggering operational cost spikes and route-specific surcharges. Reinsurers are expected to tighten treaty terms, revise exclusions, and reprice exposures across energy, property, and casualty portfolios. The energy insurance sector will react to volatility in oil prices and growing infrastructure threats, while U.S. domestic markets may brace for ripple effects, including possible terrorism-related claims across workers' comp, life, and travel lines.