The Strait of Hormuz remained largely blocked on Wednesday, as shipowners try to understand if they can safely transit the...
Lloyd鈥檚 Market Association (LMA) News
Shippers remain doubtful of a wholesale return to the Strait of Hormuz while it remains beset by conflict, throwing cold...
The Trump administration announced a $20 billion reinsurance program aimed at reviving shipping in the Strait of Hormuz, where traffic...
As the conflict in the Gulf widens, maritime insurance premiums for war coverage are surging — in some cases by...
London-based reinsurers of ships are canceling their coverage of war risk and demanding 200% more to reinstate policies, according to...
The Lloyd’s of London market is engaging with the U.S. government’s International Development Finance Corporation over a plan to provide...
London’s marine insurance market has widened the area in the Gulf it deems as high risk as the conflict in...
Lloyd’s of London members have set up a working party to examine the commercial insurance market’s plans to overhaul its...
Once perceived as intricate, time-consuming, and on occasion, frustrating, insurance claims processing has undergone a substantial transformation with the integration...
The Lloyd’s market and the Bermuda Monetary Authority (BMA) are jointly developing an initiative to share risk expertise between these...