While acknowledging that the re/insurance industry remains well-positioned to absorb moderate losses from terrorism and political violence due to strong capitalisation and diversified underwriting portfolios, Morningstar DBRS has warned that prolonged geopolitical and military tensions in the Middle East could increase underwriting volatility, tighten reinsurance terms, and prompt more selective coverage of politically exposed risks.According to a new report from the rating agency, the key concern is not on ...