Lloyd’s of London stresses it is still insuring shipping in strait of Hormuz

2026-03-11 - 16:13

Maritime insurer fends off criticism over cancelled policies and sharp price rises Middle East crisis – live updates There is a price for everything: even the cost of insuring a ship travelling through the strait of Hormuz. Donald Trump’s proposals for the US to provide political risk insurance for seaborne trade in the Gulf might have given the impression a lack of cover was the reason why traffic through the key waterway has almost halted. Continue reading...