Iran-Israel violence raises concern over ‘escalation clause’ on treaties
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Iran-Israel violence raises concern over ‘escalation clause’ on treaties

Swiss Re is among reinsurers to have the right to limit coverage if conflict widened.

By Samuel Casey Rachel Dalton Aisling Finn
April 17, 2024
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Iran-Israel.png
Photo: Alamy

Insurers with Middle Eastern exposures could face an abrupt curtailment of reinsurance cover due to an “escalation clause” on some reinsurance treaties, as tensions rise over the Israel-Hamas conflict, Insurance Insider can reveal.

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