As the Strait of Hormuz remains shuttered, New Delhi deepens its dependence on an insurance architecture that operates outside the norms of the global maritime system
Stephen Owens Apr 22, 2026
New pool anchors domestic marine capacity on sanction-hit routes
The London market is marshalling capital to keep trade moving
As the disruption continues, brokers are defending cover, calming clients and examining risk across the globe's most exposed trade routes
Shipping risks intensify across Asia as multiple pressures converge
Gulf chaos has closed the Strait of Hormuz twice – and only one of those closures is anywhere near resolved
New technical bulletins highlight how escalating incidents around the Strait of Hormuz are driving up environmental exposures
Closure raises concerns for marine insurers and global shipping
But Moody's flags potential multi-billion exposures as insurers juggle aggregation, shadow fleets and offshore energy risks
Tune in to all the latest news including market continues recalibration at mid-year renewals
Tune in to all the latest news including Fitch reveals global insurance outlook
