Geopolitical, Lloyd's, Marine & Cargo, News, Non-life, Political Violence, Reinsurance, Specialty, War, War & terrorism

Chubb-led consortium launches in Lloyd’s market with US$400m for Hormuz war risk

The facility offers up to US$200m each for hull and P&I risks, alongside US$200m of dedicated cargo cover, as the market responds to the planned phased reopening of the waterway.

Gloria Methri

June 19, 2026

•

3 min read

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

MEMBERS ONLY

Continue reading with a free account.

Get access to in-depth analysis, breaking news, and exclusive features across APAC insurance.

• Free daily briefing in your inbox each morning

• 7-day trial of premium intelligence

• No credit card required

Existing user?

Sign in here

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