Airline Pilots' Association of India (ALPA) has urged the Indian civil aviation ministry and regulator Directorate General of Civil Aviation (DGCA) to suspend flight operations into high-risk conflict zones till a centralised risk assessment is carried out amid the escalating West Asia crisis.
As the drone market in China matures and users' awareness of insurance protection continues to increase, purchasing insurance for drones has become a common practice.
Commercial space insurance business is expanding in China as the aerospace economy enters a period of accelerated growth driven by both policy and market forces.
S&P Global Ratings (S&P) has projected that GCC insurers will sustain underwriting profitability in 2026 at a similar level to that in 2025, despite the ongoing Middle East military confrontation.
Middle East Insurance Review (MEIR), in solidarity with the insurance market, has started a special series named "Middle East Conflict: The MEIR Dialogue" to discuss the insurance impact of the armed confrontation across MENA as well as globally. MEIR kicks off the series with a video interview with Mr Yassir Albaharna, Group CEO of Trust International Insurance & Reinsurance Co (Trust Re).
Aviation insurance has emerged as a critical pressure point as a consequence of the Middle East conflict. To minimise risk, Singapore-based aviation insurers and reinsurers would need to carefully manage exposure to hull war, passenger liability and third-party risks, according to Mr Tristan Thompson, Aviation Partner at Kennedys, a global litigation and dispute resolution firm.
The attacks on Iran by the US and Israel, followed by retaliatory strikes by Iran on several countries allied to the US, including the UAE and Saudi Arabia, will have a profound impact on the insurance market at large. India is also likely to be significantly impacted.
Cambodia's insurance regulator, the Insurance Regulator of Cambodia (IRC), has called for greater enforcement and public awareness of compulsory insurance.
Lockton has appointed Mr Isaac Benjamin Fuente as Head of Aviation, Regional Transportation - Asia.
Independent brokerage CGRE has launched its aviation (re)insurance practice in Africa.