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Many carriers still lack a clear, real-time view of where their cash sits across the business.
The insurance market will continue to provide cover for vessels traveling through the Strait of Hormuz even as shipowners avoid the area.
Steven Weiss, president of Incarnation Specialty Underwriters, provides an overview of maritime war risk insurance.
The cost of coverage has leaped to about 5% of the value of a ship, roughly five times the level seen in the earliest days of the Iran war.
Chubb will serve as the lead underwriter for the U.S. DFC's plan to provide coverage for commercial ships passing through the Strait of Hormuz.
The 2026 Complex Claims and Litigation Forum kicked off March 9 with an address from Triple-I's CEO.
Generali rebranded Liberty's Irish operations as RedClick in 2024, saying the unit was a "top ten player" in property and casualty insurance products.
Thousands of flights have been canceled across the Middle East.
The key to building long-term relationships is developing a personal connection.
Insurance might help, but shipowners and crews are still nervous about using the vital waterway until hostilities cease.