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Lloyd's Market Association excludes indemnity for Hormuz Strait transit fees amid sanctions concerns

Lloyd's Market Association excludes indemnity for Hormuz Strait transit fees amid sanctions concerns

The Lloyd's Market Association (LMA) has published a new model wording for use by marine (hull) underwriters, addressing the position where a transit fee, toll or other charge is paid for a vessel to ...

02 Aug 2026

MENA: 2026 outlook turns negative as conflict weakens regional credit conditions

30 Jul 2026

ME conflict: Long-standing geopolitical risks crystallise and will remain elevated

29 Jul 2026

ME conflict: Many GCC insurers seen as well-positioned to withstand geopolitical headwinds

29 Jul 2026

ME conflict: Saudi-linked ships face heightened attack risk in Houthis' Red Sea blockade

22 Jul 2026

ME conflict: GIG Gulf breaks away from exclusions, offering war cover add-ons for UAE vehicles

22 Jul 2026

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