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Insight

The Gulf crisis: what the insurance industry must do now

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Thomas Noël-Betrancourt +1 Others

Time to read

1 minute read

Published on

The Strait of Hormuz crisis is the most acute stress-test the global insurance market has faced in decades.Over 52,000 flights canceled. Nearly 2,000 vessels stranded. War risk premiums up 20–40x in a matter of weeks.

This is not a regional footnote. It is a systemic event.

Our Insurance Practice has published its assessment of what is happening and what best-in-class insurers are doing about it right now , across five operational imperatives:

→ Operational resilience under extreme stress→ Customer experience in crisis→ Claims precision at scale→ Risk repricing and rerouting→ Reinsurance under structural pressure

If you are navigating the current situation on your resilience, claims operations, or reinsurance structure , we would welcome the conversation.

About the Authors

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Thomas Noël-Betrancourt

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Mohamed El Magri