Middle East conflict reshapes underwriting
The Middle East conflict emerged as the single most disruptive force in the report. Aon said escalating tensions were weighing on underwriting appetite, capacity deployment, and pricing across multiple lines, including marine, aviation, property, cyber, political violence, and trade credit. Disruption to key trade routes, including the Strait of Hormuz, intensified supply-chain risk, drove energy pricing volatility, and triggered both active claims and precautionary notifications.
