ME conflict creates "trapped asset" dilemma

By Sarah Si | 11 May 2026

Riyadh Re CUO Belhassen Tonat

Middle East C-Suite Risk Management Marine Cyber

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.

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