Safety concerns not insurance availability halting Strait of Hormuz, LMA clarifies

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Reinsurance News - Mar 26, 2026

Reduced vessel traffic in the Strait of Hormuz is not because of insurance availability, but because of safety concerns, the Lloyd’s Market Association (LMA) has clarified in a recent statement. The LMA stated: “Three weeks since the start of the hostilities in the Middle East, we are still seeing r...

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