ME conflict creates "trapped asset" dilemma The hostilities in the Middle East have triggered a surge in discussions and notifications regarding Constructive Total Loss (CTL), but these have not yet translated into a material rise in accepted claims. The industry is seeing a trend where assets remain physically undamaged but are effectively "trapped" in conflict zones.
ME conflict: Oil pollution in Strait of Hormuz may lead to water crisisEvidence of oil pollution was found near the coast of Kuwait in early April, with Iran's Islamic Revolutionary Guard Corps claiming it had targeted energy and petrochemical facilities across the region in retaliatory attacks.07 May 2026
ME conflict: CBI claims related to helium scarcity depend on policy wording and trigger definitions30 Apr 2026
ME conflict: Iran War's impact on Gulf Union Alahlia Cooperative Insurance seen as limited29 Apr 2026