‘This is not accurate’: LMA insists lack of war insurance cover not reason for limited Strait of Hormuz activity
March 24 2026 by Andrew Mullen
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Japan mulls state reinsurance for oil tankers as it braces for protracted Middle East turmoil
- August 19
Government plans to introduce the new legislation during the autumn extraordinary session of the National Diet.
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Strait of Hormuz, Red Sea, Black Sea attacks force war underwriters to get ‘hands-on’ as market fragments
- August 14
Underwriters are now pricing each voyage in real time - relying on intelligence, not just history, to navigate a fractured market shaped by proxy actors, terrorism, sanctions and cyber threats.
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P&I club duo cancel war risk cover across Indian Ocean, Gulf of Aden, Red Sea
- August 12
Skuld and NorthStandard say vessels trading to, from, through, or within the affected waters will lose their war risk coverage from Sunday, with the cancellation applying to all fixed premium assureds.
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‘Substantial insurance support’ pivotal as 20,000 seafarers trapped in worsening Strait of Hormuz crisis
- July 7
Industry officials stress that repatriating trapped crew requires coordinated war-risk and P&I insurance arrangements, alongside security guarantees, to overcome the stalled evacuation.
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BHSI | The real risk begins underwater: how subsea risk is changing insurance
Asia's subsea industry is expanding and evolving rapidly, with the growing use of technology across the region changing the way risks are be assessed.
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Beazley | Clean marine: How aqua-innovators can ride the energy wave
Insurance is critical to clean marine progress, but new fuels bring risks traditional policies do not fully cover, presenting market players an opportunity to build new models.
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PartnerRe | Dementia the protection gap insurers can no longer ignore
Unlike acute illnesses, dementia creates a long tail of financial need and its impact extends well beyond patients.
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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.
