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US Doubles Hormuz Reinsurance Guarantees to $40 Billion With New Partners
Apr 6 2026 // The US is doubling, to $40 billion, its commitment to provide reinsurance guarantees to ships willing to travel through the Strait of Hormuz with the addition of new insurance partners, including AIG and Berkshire...
Reinsurance Rates Continued Softening During April Renewals, Despite Iran War
Apr 2 2026 // Reinsurance rates continued to soften during the April 1 renewals despite the unstable geopolitical landscape and uncertain economic outlook, according to major reinsurance brokers.“The orderly completion of the...
Chubb Outlines Structure of $20B Gulf Reinsurance Facility, Now Including Liability Cover
Mar 23 2026 // Chubb outlined the structure of the new $20 billion maritime reinsurance facility, created to provide marine war risk insurance for ships sailing through the Strait of Hormuz – which has been effectively closed to...
Is a Federal Reinsurance Backstop the Answer to Home Insurance Challenges?
Mar 19 2026 // The Brookings Institution’s Hamilton Project has released a proposal for a federal reinsurance backstop called US Re to leverage federal borrowing capacity and stabilize the country’s homeowners insurance...
US $20B Reinsurance Plan Unlikely to Restart Gulf Shipping Without Liability Cover
Mar 16 2026 // The Trump administration’s $20 billion maritime reinsurance program, which aims to cover hull & machinery, as well as cargo, is designed to get ships moving through the Strait of Hormuz. But, according to...
US Offers $20 Billion Reinsurance Plan to Spur Gulf Oil Flow
Mar 9 2026 // The Trump administration announced a $20 billion reinsurance program aimed at reviving shipping in the Strait of Hormuz, where traffic has all but stopped amid the US and Israeli attacks on Iran.The US International...
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