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UK and EU insurance/reinsurance weekly: Iran-related marine/aviation exposures, EIOPA data collection, Digital Omnibus, and judgments on FSMA Part VII transfers and anti-suit injunctions—19 March 2026

Published on: 19 March 2026

Published by a LexisNexis Insurance & Reinsurance expert
Legal News
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Article summary

In this issue:

  • Insurance types
  • EU Regulation
  • Cases tracker
  • Dates for your diary
  • Daily and weekly news alerts
  • LexTalk®Insurance: a Lexis®Nexis community

Insurance types

Marine

According to the International Underwriting Association (IUA), oil tankers are avoiding the Strait of Hormuz because of safety fears, not a lack of insurance capacity. See News Analysis: Iran oil crisis not due to lack of insurance, trade body says.

Fitch Ratings said the London insurance market could face direct exposure to marine and aviation claims arising from the war in Iran. See News Analysis: London insurance market faces Iran war risk, Fitch says

Aviation

On 16 March 2026, reinsurers including American International Group (AIG) and AXA asked a London judge to pare back claims by Chubb European Group SE (Chubb) and Fidelis Insurance Ireland DAC (Fidelis) seeking to cover liabilities to aircraft lessors for planes stranded in Russia after the invasion of Ukraine, arguing the claims should have been advanced by subrogation. See News Analysis: Reinsurers' application to Prune Chubb, Fidelis' Russia aircraft claims...

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