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MAP20260010656Howden ReStrait of Hormuz : (re)insurance impact from recent events in the Middle East. — London : Howden Re, 202619 p.The triggering event -- General market insight -- Reinsurance market response -- Broader reinsurance impact -- Impact summary by line of business -- Macro cascade -- Marine insurance impact -- Energy insurance impact -- Political Violence insurance impact -- Political Violence reinsurance impact -- Incident log. — Sumario: This report analyses the insurance and reinsurance market impact arising from the effective closure of the Strait of Hormuz following the escalation of military conflict in the Middle East in early 2026. It examines consequences across multiple lines of business, including marine war risk, energy, political violence, aviation, cyber and trade credit. The document assesses market capacity, pricing responses, treaty implications and accumulation risk for reinsurers. It also explores the macroeconomic cascade effects stemming from energy supply disruption. The report provides an incident log and outlook for mid-year 2026 renewals1. Reaseguro. 2. Mercado de reaseguros. 3. Riesgo de guerra. 4. Seguro marítimo. 5. Conflictos armados. 6. Guerra. 7. Estrecho de Ormuz. 8. Iran. 9. Oriente Medio. I. Howden Re.