Marine, Aviation War Risk Premiums Rise As Insurers Reassess Exposure Amid Iran War
Last Updated:March 18, 2026, 5:20 PM IST Missile and drone threats in West Asia drive sharp increases in insurance costs for ships and airlines operating in the region. The Thailand-flagged cargo ship Mayuree Naree engulfed in black smoke in the Strait of Hormuz. (Photo Credit: Reuters) Escalating tensions in West Asia following the ongoing Iran-US-Israel…