Rising Gulf tensions and Iran's closure of the Strait of Hormuz triggered insurers to cancel war risk cover under standard short notice clauses ...

HOUSTON, March 04, 2026 (GLOBE NEWSWIRE) -- Tokio Marine HCC today announced that S&P Global Ratings has affirmed the 'A+' (Strong) Financial Strength Ratings for its core insurance company ...

Marine insurers in the London market continue to ‌offer cover in the Middle East, despite rising war risk premiums driven by escalating conflict in the Gulf, insurance broker Gallagher's Marine ...

The shipping blockage is backing up through the Middle East’s oil industry, endangering a big chunk of the world’s crude ...

That announcement came as shipping through the Strait of Hormuz has reduced to a trickle, global oil and gas prices have increased, and as the UKMTO reported more incidents of attacks on ships in the ...

Following news that major maritime insurance firms are terminating war-risk cover for vessels entering the Persian Gulf, Donald Trump has ordered a US-backed insurance solution and potential Navy ...

Insurers announced they were cancelling war risk coverage after the IRGC said the Strait of Hormuz was ‘closed’.

At discussions held during the Association of Insurance and Financial Analysts conference, re/insurance executives and ...

Ships wanting to pass through the Strait of Hormuz are finding it almost impossible to buy hull war cover following the ...

Areas of risks including hull war, piracy, terrorism and related perils have been extended today by the Joint War Committee ...

About 20% of the world's oil and liquefied natural gas consumption transits the Strait of Hormuz, which Iran 'closed' after U ...