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Ship Insurers Set for Major Claims From Iran War, Allianz Says

Ship Insurers Set for Major Claims From Iran War, Allianz Says
Bloomberg Markets Tuesday 23 June 2026, 22:01 UTC By Alex Longley 1 min read
Key Points

Ship Insurers Set for Major Claims From Iran War, Allianz Says The insurance industry is set to face significant claims for ships that were damaged during the Iran war, according to Allianz SE. The company said in its annual safety and shipping review that it had already received such claims stemming from the conflict, some of which could include total losses of vessels. The report didn’t give a value of the potential hit, though it estimated that vessels and cargo with a combined value of...

Ship Insurers Set for Major Claims From Iran War, Allianz Says The insurance industry is set to face significant claims for ships that were damaged during the Iran war, according to Allianz SE. The company said in its annual safety and shipping review that it had already received such claims stemming from the conflict, some of which could include total losses of vessels. The report didn’t give a value of the potential hit, though it estimated that vessels and cargo with a combined value of $125 billion were trapped in the Persian Gulf as of June 15.
Iran War (EVENT) Allianz (ORG) the Iran war (EVENT) Allianz SE (ORG) the Persian Gulf (LOCATION)
Originally published by Bloomberg Markets Read original →

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