General · 19 June 2026

Lloyd’s and Chubb add $400m for ships

More insurance cover could help vessels and cargo move through a key waterway after disruption linked to the conflict involving Iran. On 19 June 2026, Lloyd’s of London set up a marine risk group led by Chubb to offer extra protection for ships and freight using the route. It can provide $200m for vessel-related risks and another $200m for cargo, while shipping firms remain cautious.

By BriefTea Editorial · 19 June 2026 at 14:41

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