Hormuz shipping stalled by safety fears, not insurance: IUA - Business Insurance

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Hormuz shipping stalled by safety fears, not insurance: IUA - 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 Hormuz shipping stalled by safety fears, not insurance: IUA Mar 12, 2026 Chris Jones, chief executive of the International Underwriting Association, said members continue to provide cover for clients affected by the ongoing Iran war across several lines of business, and that trade has been halted in the Strait of Hormuz not due to a lack of insurance but because of safety concerns for vessels and crews, Reinsurance News reported. Jones added that the Middle East was already an area of heightened risk even before the current hostilities began, and insurance coverage in place reflected that assessment. Read more Related News Zurich Switzerland’s CEO resigns March 12, 2026 Hormuz shipping stalled by safety fears, not insurance: IUA March 12, 2026 IFC plans $50M guarantee for African reinsurer March 12, 2026 Steadfast buys Australian food and beverage risk advisor March 12, 2026 Chubb to lead $20B Hormuz ship insurance plan March 12, 2026 McDougall takes over Ontario broker March 12, 2026 Chubb Arabia’s profit falls 35% March 12, 2026 Tanker attacked in Iraqi waters during transfer, operator says March 12, 2026 Costco customers sue for share of refunds from Trump tariffs March 12, 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.

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