gCaptain: Hormuz hull war-risk premiums between 3% and 10% of insured value
Reportedon one origin only: 1 distinct origin, 1 tied to no party.
gCaptain reported that war-risk hull premiums for the Strait of Hormuz had risen to between 3% and 10% of a vessel's insured value, from a nominal fraction of 1% before the crisis. It said at one point only six ships crossed the strait in a single day, the lowest in five weeks, without naming a data source. Neil Roberts of the Lloyd's Market Association described the market as a roller coaster.
- When
- 21 July 2026
- Where
- Strait of Hormuz, No single country
- What
- market
- Attribution
- Not attributed
- In the record
- Published 2026-10-28 16:30 UTC · revision 1 · backfilled
Sources
- Evidence gCaptain
History
| When | Field | From | To | Why |
|---|---|---|---|---|
| 2026-10-28 16:30 UTC | status | null | reported | P1 backfilled: researched from cited sources and graded by the one rule |
Cite or reuse
The War Record, "gCaptain: Hormuz hull war-risk premiums between 3% and 10% of insured value", ev-20261028-rwg2, revision 1, https://thewarrecord.com/events/ev-20261028-rwg2/