Chubb reveals plans for US$20bn Strait of Hormuz reinsurance coverage
March 22 2026 by Joana Nguyen
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LMA welcomes US-Iran deal, but warns of ‘long, complicated’ shipping recovery, as insurer urges caution
- June 18
Lloyd’s Market Association (LMA) says certain practical steps are required, while Charlie Zheng, co-head of marine for greater China at Markel, says the threat environment will take time to normalise.
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Underwriters far from returning to pre-war war risk pricing even as US-Iran deal looms, brokers say
- June 17
Marine war rates are likely to remain around 1% for the next week or so, with a possible drop to the 0.8%–0.6% range in the subsequent week should there be genuine and sustained signs of de-escalation.
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Opinion: ‘No war, no problem’: Asia losing patience with marine market over Strait of Hormuz war cover
- May 29
South Korea’s intervention of low-rate war-risk marine insurance highlights the reality of high premiums as the conflict between the US and Iran heads into a third month.
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South Korea to offer US$200m war-risk cover for small shippers in Strait of Hormuz
- May 22
Financial Services Commission will also explore the creation of a reinsurance program to extend coverage to larger vessels with significant economic impact.
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Sedgwick | Investing in people is shaping the future of loss adjusting in Asia
Sedgwick Asia says it is ready to meet the evolving challenges of Asia’s dynamic insurance markets.
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PartnerRe | Understanding ageing in APAC: why perception, planning and protection don’t always align
Ageing is shaping finances, family dynamics and insurance needs of the caregiving ecosystem, but current product propositions and underwriting frameworks are not keeping pace with protection needs, finds PartnerRe survey.
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BHSI | D&O in Asia in 2026: navigating geopolitics, insolvencies, and digital crackdowns without breaking the bank
A soft market presents organisations with opportunities to strengthen resilience, although the abundance of capacity is unlikely to persist.
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QBE | Elevating customer experience, humanising claims: QBE Asia’s ‘Solutions in a Box’
Vastly improving turnaround times and personalising service delivery, QBE Asia’s award-winning, end-to-end bundled claims solutions is a game-changer for the insurance industry.
