# Marine

## ['The market is behaving as it should': Correcting the record on war risk cover in the gulf](https://www.insurancebusinessmag.com/ca/news/marine/the-market-is-behaving-as-it-should-correcting-the-record-on-war-risk-cover-in-the-gulf-574922.aspx)

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

Kiernan GreenMay 12, 2026

### [Is it a war? The question that will define thousands of Gulf insurance claims](https://www.insurancebusinessmag.com/ca/news/marine/is-it-a-war-the-question-that-will-define-thousands-of-gulf-insurance-claims-574843.aspx)

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

### [State-backed reinsurance schemes may complicate Gulf-related claims, says legal expert](https://www.insurancebusinessmag.com/ca/news/marine/statebacked-reinsurance-schemes-may-complicate-gulfrelated-claims-says-legal-expert-573844.aspx)

Documentation and timing are critical to avoid claims disputes around Strait of Hormuz disruption

### [Marine insurance isn’t portal-friendly - Strait of Hormuz underscores why](https://www.insurancebusinessmag.com/ca/news/marine/marine-insurance-isnt-portalfriendly--strait-of-hormuz-underscores-why-572347.aspx)

A global shipping chokepoint is underscoring a hard truth in insurance: marine risks are too complex for portal-style underwriting

### [Hormuz blockade forces marine brokers to rethink risk across world’s trade chokepoints](https://www.insurancebusinessmag.com/ca/news/marine/hormuz-blockade-forces-marine-brokers-to-rethink-risk-across-worlds-trade-chokepoints-572038.aspx)

As the disruption continues, brokers are defending cover, calming clients and examining risk across the globe's most exposed trade routes

### [Beazley lines up US$1 billion marine war facility for Hormuz transits](https://www.insurancebusinessmag.com/ca/news/marine/beazley-lines-up-us1-billion-marine-war-facility-for-hormuz-transits-572092.aspx)

The London market is marshalling capital to keep trade moving

### [A ceasefire won't reopen the insurance market – not yet](https://www.insurancebusinessmag.com/ca/news/marine/a-ceasefire-wont-reopen-the-insurance-market--not-yet-571315.aspx)

Gulf chaos has closed the Strait of Hormuz twice – and only one of those closures is anywhere near resolved

### [Crawford warns on pollution and liability risks as Gulf conflict intensifies](https://www.insurancebusinessmag.com/ca/news/marine/crawford-warns-on-pollution-and-liability-risks-as-gulf-conflict-intensifies-571148.aspx)

New technical bulletins highlight how escalating incidents around the Strait of Hormuz are driving up environmental exposures

### [Strait of Hormuz slams shut as ceasefire dealt huge blow](https://www.insurancebusinessmag.com/ca/news/marine/strait-of-hormuz-slams-shut-as-ceasefire-dealt-huge-blow-571107.aspx)

Closure raises concerns for marine insurers and global shipping