John Doyle on marine insurance
From Marsh CEO John Doyle on the Iran cease fire and elevated cyber risk · · CNBC Television
“There are private market solutions today, but the issue at the moment isn't really insurance. It's the risk in the Gulf. As things de-escalate, that will change and we welcome the US government, the DFC working with private insurers here in the United States to bring more capital and more solutions to that marketplace.”
On , John Doyle, President, Chief Executive Officer & Director at Marsh McLennan, spoke about marine insurance during Marsh CEO John Doyle on the Iran cease fire and elevated cyber risk on CNBC Television.
About John Doyle
Marsh CEO John Doyle discussed the Iran ceasefire and its implications for shipping in the Strait of Hormuz during an April 8, 2026, interview on CNBC. He described the ceasefire as welcome news for clients but noted that it was "very early" and that the primary issue remained the safety and security of crews and assets, not insurance availability. Doyle stated that private market solutions exist and that the U.S. government and the DFC working with private insurers could bring more capital and solutions as risks de-escalate. Doyle also expressed concern about elevated cyber risk, attributing it to growing geopolitical conflicts in the Middle East and elsewhere. He said businesses must be "very, very mindful" of these risks and noted that while AI could offer defensive opportunities, it could also create opportunities for those seeking to disrupt the global economy.