Navigating Rising Business Risks in the Middle East

The fast moving developments in the Middle East over recent days serve as a stark reminder that geopolitical shifts are no longer distant events; they have immediate, tangible consequences for organisations and their people. What begins as a regional escalation can swiftly disrupt international mobility, interrupt supply chains, and leave employees stranded in locations where conditions change by the hour. 

To support companies during this latest political unrest, GrECo,  together with our trusted corporate intelligence partner Corporate Trust, will release a series of actionable guidelines. These resources will help organisations navigate the evolving risk environment by addressing travel disruptions, mobility restrictions, misinformation, and employee wellbeing. Drawing on insights from Corporate Trust and our GrECo’s risk advisory expertise, the series will outline practical steps businesses can implement immediately to safeguard their workforce and maintain business continuity. 

This article provides a concise overview of the critical areas finance leaders should review to ensure that emerging risks are properly understood, documented, and, where possible, transferred.
When the sabres start rattling, merchant vessels often end up caught in between. Shipowners and cargo owners – who have little to do with the reasons behind the conflict – often end up paying the price. 
Effective immediately, insurers require advance notification of any planned flight into the affected territories.
When the sabres start rattling, merchant vessels often end up caught in between. Shipowners and cargo owners – who have little to do with the reasons behind the conflict – often end up paying the price. 
Since 2022 alone, 100+ merchant vessels have been attacked during those conflicts. Maybe it’s time to look closer at one of the most overlooked parts of marine insurance: War Risk Clauses. 
When geopolitical shockwaves hit, PRI doesn’t flinch. And that stability is often exactly what lenders, investors, and boards need to see.

Georg Winter

CEO GrECo Group

T +43 664 962 39 06