Marking its 60th anniversary this year, the company reported its most recent cumulative insured business exceeding HK$2.45 trillion (US$313bn), encompassing over 200 markets globally.
The trade credit insurer is rolling out liquidity aid, faster claims handling, and counterparty diversification support for firms exposed to markets around the Strait of Hormuz and Israel.
War-risk terms have tightened across shipping and aviation, with P&I clubs cutting Gulf liability limits and insurers reassessing cover amid route disruption.
Chubb's selection marks a key operational step, but fresh attacks on vessels leave lingering questions over the facility's ability to restore near-normal shipping flows.
Insurance Authority says the five-insurer facility, which covers 10 mainland-owned vessels, draws on local market familiarity with Chinese shipping groups to deliver more tailored underwriting than London...
Market participants flag that DIFC facility may lead to potential withdrawal of private insurers, while operational risks could continue to restrict vessel movements in the Strait of Hormuz.
