
The episode discusses the impact of the Iran conflict on political violence and reinsurance markets with industry experts.
War in the Gulf in 2026 is a defining event for political violence. Underwriters face unprecedented claims activity, with individual Iranian missile and drone strikes accounting for hundreds of millions of dollars in damage, together representing more insured financial loss in just a few weeks than several years of the Russo-Ukrainian war. Sandy Warne of Sukoon, Dan Callow of Starr, and Cosmo Warner of Price Forbes together discuss market reactions, capacity and pricing dynamics, regional exposure concerns and a rapidly evolving risk environment – as well as what’s likely covered or excluded by policies bought before the conflict. The conversation is a shortened audio version of a recent webinar hosted by Global Reinsurance, which was named “Reinsurance in a Time of Escalating Tension”, available here. https://www.globalreinsurance.com/dwic-webinars/webinar-reinsurance-in-a-time-of-escalating-tension/1458331.article
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