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Lloyds of London

Lloyds of London

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Wikidata

Claims made by or about Lloyds of London

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Subject

Joint War Committee > insurance rates

Quote from Video

London Marine insurers are expanding the Gulf high-risisk zone as the M East conflict escalates. So, that joint war committee that met on Monday has determined that they're adding high-risk areas around Bahrain, Djibouti, Kuwait, Oman, Qatar. Now, that danger area is going to require more money. The insurance rate is going to jump from 0.15.25% to anywhere from 1 to 3%.

Strait of Hormuz & Persian Gulf Update | March 4, 2026 | US Sub Sinks Iranian Ship | Russian LNG Hit
@wgowshipping
Joint War Committeeincreasedinsurance rates

“London Marine insurers are expanding the Gulf high-risisk zone as the M East conflict escalates. So, that joint war committee that met on Monday has determined that they're adding high-risk areas around Bahrain, Djibouti, Kuwait, Oman, Qatar. Now, that danger area is going to require more money. The insurance rate is going to jump from 0.15.25% to anywhere from 1 to 3%.”

10m22s• 819K views • 2 weeks ago
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