Market participants say the agreement marks a positive step, but the path back to normality remains unclear
Gia Snape Jun 16, 2026
The incident puts the spotlight back on salvage costs and harbour pollution exposure for New Zealand boat owners
Brokers, P&I executives and the Lloyd's Market Association have spent weeks pushing back against the narrative that marine insurers withdrew from the Strait of Hormuz
The definitional fault line running through the Strait of Hormuz crisis is not an abstraction - it is the difference between a paid claim and a coverage dispute, and it is already shaping how policies are being written and contested
Insurance front and centre as US military confirms there are no ship-by-ship "escorts”
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
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
A broker playbook for identifying water exposures
