Markets/Coverages: Chubb Leads New Lloyd’s War Risk Consortium for Hormuz Shipping

Markets/Coverages: Chubb Leads New Lloyd’s War Risk Consortium for Hormuz Shipping

A new Lloyd’s market consortium has been launched to provide additional marine war risk insurance capacity for vessels and cargo transiting the Strait of Hormuz, Lloyd’s announced. Chubb will serve as lead underwriter, supported by participating Lloyd’s syndicates and specialist …

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