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Saturday, July 25, 2026

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Lloyd’s Market Association moves to end cover for ships paying Iran’s Hormuz transit toll

New model wording excludes cover for transit-related payments and ends cover for the vessel where such a payment breaches sanctions or terrorism law.
Red and black tugboat with equipment on deck sails in calm sea, a distant pier visible on the horizon.

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July 24, 2026

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2 min read
The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August
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The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August

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