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
As the disruption continues, brokers are defending cover, calming clients and examining risk across the globe's most exposed trade routes
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
New head brings 20+ years of industry expertise
As NZ scrambles to keep fuel moving, brokers are hearing a sharper message from clients in transport, farming and marine
Attacks on boxships, terminated voyages and ad hoc discharges are driving congestion
A broker playbook for identifying water exposures
