'The market is behaving as it should': Correcting the record on war risk cover in the gulf

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

Commercial risk teams are responding with tighter controls, scenario modeling, and broader collaboration across underwriting, claims, and cyber operations.

Leaders continue to prioritize resilience planning while balancing cost, coverage terms, and operational exposure in a changing market cycle.