Strait of Hormuz disruption

Transit restrictions, conflict, threats, sanctions, port disruption, or rerouting affect a concentrated global shipping corridor.

02 · Industries exposed

EnergyMarineLogisticsManufacturingAviation

03 · Policies affected

Marine CargoHull & MachineryP&IWar RisksBusiness InterruptionTrade Credit

04 · Clauses to test

Institute War and Strikes ClausesSue and labourDeviationTermination of transitContingent BI

05 · Possible exclusions

DelayWar under ordinary cargo coverSanctionsLoss of marketCyber where relevant

06 · Claims implications

Physical damage, delay expense, demurrage, rerouting, mitigation, and business interruption must be separated and matched to distinct triggers.

07 · Reinsurance implications

Marine and energy accumulation can affect event definitions, catastrophe and specialty treaties, facultative capacity, retrocession, and renewal terms.

08 · Action now

1.Obtain written voyage approval and current war-risk terms
2.Map vessels, cargo, counterparties, ports, values, and critical dates
3.Separate physical-damage, liability, delay, and financial-loss exposures
4.Preserve routing, authority, sanctions-screening, and mitigation evidence