Singapore
SINGAPORE AVIATION INSURANCE COSTS RISE AS IRAN CONFLICT ESCALATES
The flare-up of the conflict in Iran is creating a pressure point for the aviation insurance sector, with Singapore-based carriers expected to face higher costs and tighter policy terms, according to Kennedys. Tristan Thompson, Partner at Kennedys, said in an analysis the geopolitical situation in the Middle East is compounding existing market stresses left over from the 2022 invasion of Ukraine. Industry experts warn that the conflict will lead to immediate policy cancellations and a reassessment of premium rates for aircraft operating near the affected zones. As a major regional hub, Singapore’s primary exposure lies within its marine and aviation lines. https://sbr.com.sg/insurance/news/singapore-aviation-insurance-costs-rise-iran-conflict-escalates (ICE SINGAPORE)
Fonte notizia: Singapore Business Review, 10 March 2026
