While the wider international group nursed losses, the mutual delivered a result that stands out from the pack
Kenneth Araullo May 08, 2026
Documentation and timing are critical to avoid claims disputes around Strait of Hormuz disruption
Hire lands as the insurer builds out a Lloyd's consortium targeting one of shipping's most volatile chokepoints
Missing tests became an issue after resale
Rising war risk claims from incidents outside the traditional high-risk areas prompt a warning to shipowners and brokers
As the disruption continues, brokers are defending cover, calming clients and examining risk across the globe's most exposed trade routes
The London market is marshalling capital to keep trade moving
Broker-facing changes expected under expanded marine framework
The situation around the Strait of Hormuz seems to change every day, but for insurers the risk has not moved in step
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