New hit threatens to lock down the arteries of global trade - and leave marine underwriters staring at an unprecedented double exposure
Matthew Sellers Jun 08, 2026
The Stena Immaculate collision and a surge in EV cargo fires raise the stakes for UK port operators and their insurers
From lithium-ion propulsion and foiling vessels to cyber threats and environmental liabilities, marine insurers are being forced to assess risks with limited historical precedent
Prolonged Strait of Hormuz disruption could lead to additional claims
External threats are reshaping maritime risk management
The company has reported a 98.0% combined ratio, record free reserves and its best investment return in more than a decade
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
Deal extends a fast-moving marine build-out
Coverdrone's Phil Heath and Richard Webb discuss the growth of drone insurance and what it reveals about insuring emerging technologies.
Unlock the power of automation to transform the hire car process into a smooth, effortless journey
How can insurance welcome - and retain - a new generation of talent?
