Lloyd’s insurers may cancel cover over Hormuz toll payments - Business Insurance

Article ID: 17c0cabf81e122617e73dc7d83c82e9d6f5f397717c0f5a73b3a7a2e7fecc25a

Source ID: secondary:businessinsurance.com

Published At: -

Extraction Method: bs4_heuristic

URL: https://www.businessinsurance.com/lloyds-insurers-may-cancel-cover-over-hormuz-toll-payments/

Body Text

Lloyd’s insurers may cancel cover over Hormuz toll payments - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Lloyd’s insurers may cancel cover over Hormuz toll payments Jul 24, 2026 The Lloyd’s Market Association has published a clause allowing marine hull underwriters to cancel coverage if insured vessels make payments to transit the Strait of Hormuz, Riviera reported. Under the clause, insurers will not cover such payments, and vessel coverage will cease because of the risk of breaching U.K., U.S. or EU sanctions or terrorism laws. Read more Related News $1.1B cyclone damage exposes mandatory insurance gaps July 24, 2026 Lloyd’s insurers may cancel cover over Hormuz toll payments July 24, 2026 Red Sea war risk rates triple after Houthi attacks July 24, 2026 Commercial rates decline for eighth straight quarter: Marsh July 24, 2026 Europe’s historic grain production decline costs farmers $2.3B July 24, 2026 Ontario wildfires unlikely to cause major insured losses: Morningstar July 24, 2026 Egyptian insurers’ premium edge higher July 24, 2026 Allianz U.K. expands battery storage underwriting July 24, 2026 Howden expands into Australian aviation insurance July 24, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.

Metadata (JSON)

{
  "score": 8.816666666666666
}