India weighs US$107.5m war risk pool for Strait of Hormuz shipments: report
March 20 2026 by Joana Nguyen
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Strait back to business? Ceasefire positive signal, but brokers expect gradual process for Hormuz rates, traffic
- April 9
US President Donald Trump announces a two-week ceasefire between the US and Iran, if shipping is allowed to move through the crucial Strait of Hormuz, although brokers remain sceptical.
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Cleared for takeoff: war rates remain stable as airlines seek new routes
- April 8
A month into the Iran conflict, the US has also doubled its commitment to provide reinsurance guarantees to ships willing to travel through the Strait of Hormuz to US$40bn.
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Opinion: Will Asia be the ultimate beneficiary of Donald Trump’s Gulf maritime reinsurance plan?
- March 27
Chubb has outlined the structure of the US$20bn facility, but owners may instead opt to bypass the Strait of Hormuz altogether.
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‘This is not accurate’: LMA insists lack of war insurance cover not reason for limited Strait of Hormuz activity
- March 24
US President Donald Trump extends his deadline for Iran to reopen the key waterway, saying the US would hold off on power plant strikes for five days.
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