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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...
Global Insurtech Funding Surges on Record Re/Insurance Investments: Gallagher Re
Mar 9 2026 // Investments in global insurtech rose 19.5% during 2025 to US$5.08 billion from US$4.25 billion in FY 2024, marking the first annual increase since 2021, according to Gallagher Re’s Q4 Global Insurtech Report. During...
Reinsurers Triple Ship Insurance Costs After US Torpedo Attack
Mar 6 2026 // London-based reinsurers of ships are canceling their coverage of war risk and demanding 200% more to reinstate policies, according to people familiar with the matter, after a US submarine sank an Iranian warship off Sri...
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