Lloyd’s CEO Says It’s Critical Mideast War Cover Stays Available March 19, 2026 The Lloyd's of London insurance market will continue to provide cover for vessels traveling through the Strait of Hormuz even...
Shipping Insurance Costs to Cross Hormuz Soar After Vessel Attacks March 18, 2026 By Alex Longley Insuring vessels to sail through the Strait of Hormuz is still possible, even if at a very high cost, according...
Gulf Importers Race to Reroute as Hormuz Closure Jolts Supply Chains March 17, 2026 By Sarah El Safty Importers across the Gulf are scrambling to secure alternative routes for vital goods – from food to medicines and factory...
Chubb Backing Trump’s $20 Billion Reinsurance Plan for Hormuz March 11, 2026 By Alexandre Rajbhandari and Loukia Gyftopoulou The firm will underwrite and issue policies as part of the Trump administration's initiative to offer maritime reinsurance. Other insurers...
Reinsurers Triple Ship Insurance Costs After US Torpedo Attack March 6, 2026 By Mihir Mishra and Saikat Das London-based ship reinsurers are canceling coverage and demanding 200% more to reinstate policies, after a U.S. sub sank an Iranian...
Lloyd’s Market Engaging With US on Gulf Maritime Plan, Officials Say March 5, 2026 By Jonathan Saul and Lisa Baertlein The Lloyd's of London market is engaging with the U.S. government over a plan to provide political risk insurance and...
Trump Says US Will Escort, Insure Oil Tankers Amid the Iran War March 4, 2026 By Jennifer A. Dlouhy, Ben Bartenstein and Ari Natter President Donald Trump said the U.S. would provide insurance guarantees and naval escorts to ensure safe passage for oil tankers...
Buyer’s Market: Low Terrorism Insurance Pricing Despite Rising Instability March 4, 2026 By Chad Hemenway Terrorism insurance pricing in the U.S. is hovering at an all-time low — a surprising reality at a time when...
Shipping CEO Says 10% of Global Container Fleet Caught in Hormuz Backup March 3, 2026 By Lisa Baertlein Container ships account for roughly 100 of the 750 ships backed up around the Strait of Hormuz following U.S. and...
Surging Oil Tanker Insurance Points to Growing Black Sea Chaos January 14, 2026 By Alex Longley The cost of insuring ships sailing through the Black Sea is surging again, as spiraling attacks on vessels underscore the...