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Geopolitical Risk: Middle East Conflict

The evolving conflict in the Middle East is creating significant risks for businesses across sectors and geographies. Marsh is closely monitoring the situation and helping clients navigate potential people-related and operational risks, insurance and risk management implications, and investment and financial impacts.
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Escalating tensions in the Middle East continue to bring uncertainty for businesses globally.

On February 28, 2026, the United States and Israel launched coordinated military strikes in Iran targeting military infrastructure, leadership, and nuclear-related facilities. This campaign has triggered retaliatory actions from Iran and its affiliated groups across the region. The evolving conflict has introduced a period of acute volatility for organizations with business operations in the Middle East and beyond.

Energy flows, air and shipping routes, and financial markets have been significantly disrupted. Concerns have also been raised about the potential for cyberattacks with global implications. Businesses with personnel, operations, supply chains, or trade and investment relationships in the Middle East face a complex and fast-moving risk environment.

While navigating uncertainty of this magnitude is challenging, organizations that proactively assess their exposures, review their insurance protections, and develop robust and nimble risk, employee, and capital management strategies can be better positioned to protect their people, assets, operations, and bottom line.

Marsh is closely monitoring the situation and is committed to equipping you with the data, insights, and expert guidance needed to adapt to this evolving situation and strengthen resilience.  

Explore our latest insights and reach out to your Marsh advisor to discuss how you can proactively address emerging uncertainty and potential risks to your business.

Webinars and events

In this session, we covered how standard property and casualty policies respond to war-related damages and explored the broader implications and nuances of political violence coverage. We also provided insight into the immediate steps to take to assess and update coverage in response to emerging risks.

Watch the webinar | Download the presentation

Recent coordinated strikes involving the United States, Israel, and Iran ─ and Iran’s subsequent retaliation ─ are geopolitically important and could affect financial markets, underscoring the need for disciplined portfolio management and strong governance. The replay includes timely analysis and practical steps investors can consider as events evolve. 

We encourage you to watch the replay and leverage these perspectives to inform your investment decisions.

Watch the webinar

During the Marsh Risk forum webinar, leading experts unpacked the latest trends shaping Europe’s political and economic environment. Actionable insights were also provided to help organizations stay ahead in an increasingly complex world.

Replay coming soon.

In this session we covered the real-time impacts on marine insurance, including vessel safety and cargo protection. We also discussed the overall implications to global and local supply chains and various claims handling essentials across the risk management lifecycle, and shared actionable insights on how organizations can strengthen their marine risk management and claims strategies.

Watch the webinar | Download the presentation

Recent coordinated strikes involving the United States, Israel, and Iran ─ and Iran’s subsequent retaliation ─ are geopolitically important and could affect financial markets, underscoring the need for disciplined portfolio management and strong governance. The replay includes timely analysis and practical steps investors can consider as events evolve.

We encourage you to watch the replay and leverage these perspectives to inform your investment decisions.

Watch the webinar

In this session, we covered cyber risk escalations that can arise from regional disruption*, as well as valuation considerations and the importance of having the right level of coverage. We also discussed workforce continuity challenges during uncertainty, featuring health, life, and disability insurance considerations.

*Due to the fast-moving nature of this topic and in line with Marsh’s global policy, this section of the session was not recorded. For the most up-to-date information and guidance related to cyber risk, please contact us.

Watch the webinar | Download the presentation

This webcast was oriented specifically to energy and power clients to help them gain the critical data, actionable insights, and expert guidance needed to thoroughly assess their Middle East risk exposures and evaluate their current insurance protections.

Watch the webinar

Recent coordinated strikes involving the United States, Israel, and Iran ─ and Iran’s subsequent retaliation ─ are geopolitically important and could affect financial markets, underscoring the need for disciplined portfolio management and strong governance. The replay includes timely analysis and practical steps investors can consider as events evolve.

We encourage you to watch the replay and leverage these perspectives to inform your investment decisions.

Replay coming soon.

Amidst global uncertainty, the Marsh Risk & Resilience Summit delivers expert insights into the critical role insurance plays in strengthening resilience while driving sustainable growth.

Leveraging the Oliver Wyman B20 report, we examine the latest strategies and pragmatic actions needed across a broad stakeholder community to unlock and deploy capital effectively throughout the continent. Through industry-specific deep dives, we further explore opportunities for product innovation and highlight real-world examples of emerging and evolving risks.

The event will take place on April 21 in Johannesburg, South Africa. 

Register your interest

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Speak with a Marsh representative

Would you like to speak to a Marsh representative to learn more about the Middle East conflict and its impact on your business?

Contact us