US to reinsure maritime losses in Gulf up to about $20 billion, agency says - Reuters
US to reinsure maritime losses in Gulf up to about $20 billion, agency says Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"ordered the DFC to provide political risk insurance and financial guarantees for maritime trade in the Gulf"
— Donald Trump , Politician
"The U.S. will provide reinsurance for losses up to $20 billion in the Gulf region."
— Donald Trump , Politician
"the U.S. would provide insurance support and Navy escorts to commercial vessels if needed."
— Donald Trump , Politician
Tags
All Coverage
<a href="https://news.google.com/rss/articles/CBMiqgFBVV95cUxOOUo2eWwxekZneEc3Wnhud1pDdmlGanEtdjRxQ3lKR25EeFBiVTdnRXh0bll0Wk5oMW9XTm13cEs0X3I4VzE4RVFCQUtiVkxfYWE0VGEyaElwQW9hUkdvZHdkU3VVbkprMklhM3ZNT2FIekZ4TlVLN2E3N1ZyNEVYR1NuOG0wOEV1V1h5XzJOUF9ELWQ2VjZ2VTR1M3ItcVJIQmRGSXBGYV9OZw?oc=5" target="_blank">US to reinsure maritime losses in Gulf up to about $20 billion, agency says</a> <font color="#6f6f6f">Reuters</font>
The U.S. will provide reinsurance for losses up to $20 billion in the Gulf region to support oil and gas shippers during the conflict with Iran, according to the U.S. International Development Finance Corporation (DFC).
The U.S. International Development Finance Corporation (DFC) has announced a $20 billion maritime reinsurance plan to cover tankers transiting the Strait of Hormuz, aiming to restore confidence in maritime trade amid the conflict with Iran.
The U.S. International Development Finance Corporation (DFC) will provide reinsurance for losses up to $20 billion in the Gulf region to support oil and gas shippers during the conflict with Iran, as announced on March 6, 2026.
The U.S. International Development Finance Corporation (DFC) has announced a $20 billion reinsurance plan to support oil and gas shippers in the Gulf region during the conflict with Iran, focusing on hull and machinery and cargo insurance.
The Trump administration has announced a $20 billion reinsurance program through the U.S. International Development Finance Corporation (DFC) to cover maritime losses in the Persian Gulf, as U.S. crude oil prices surge amid halted tanker traffic through the Strait of Hormuz.
Similar Stories
Related coverage based on topic and tags
Risk firm Ambrey working to salvage ship spewing oil into sea off Oman - reuters.com
Risk firm Ambrey working to salvage ship spewing oil into sea off Oman reuters.com
August 13, 2026 at 06:49 AMEurope's heatwaves expose insurance gap as business losses mount - Reuters
Europe's heatwaves expose insurance gap as business losses mount Reuters
August 16, 2026 at 05:06 AMHormuz shipping traffic capped amid competing claims from US and Iran - Reuters
Hormuz shipping traffic capped amid competing claims from US and Iran Reuters
August 14, 2026 at 03:48 AMWhite House says transshipped goods cost $19 billion to $26 billion in lost tariffs - Reuters
White House says transshipped goods cost $19 billion to $26 billion in lost tariffs Reuters
August 14, 2026 at 12:15 AMUS warns Iran it will step up economic pressure; two more ships attacked in Hormuz - Reuters
US warns Iran it will step up economic pressure; two more ships attacked in Hormuz Reuters
August 14, 2026 at 11:00 AMOil market starts pricing in a prolonged Hormuz crisis - Reuters
Oil market starts pricing in a prolonged Hormuz crisis Reuters
August 18, 2026 at 06:00 AM