ME conflict:Around 90% of Lloyd's underwriters polled maintain appetite for marine war risk

By MEIR team | 29 Mar 2026

Middle East Specialty Reinsurance Marine

The Lloyd's Market Association (LMA) has conducted a survey of the main participants in the Lloyd's marine war market in the week after 28 February, when the US-Israel-Iran hostilities commenced. Of those that responded, 88% continue to have appetite to underwrite international (including US and UK) linked hull war risks, and over 90% continue to have appetite to underwrite international (including US and UK) linked cargo. Premium terms differ according to each syndicate's appetite.

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