When the CEO of the world’s largest publicly traded property and casualty insurer calls a shipping lane “vital” to the global economy, it’s worth paying attention. Especially when he’s backing that ...

Program backed by the US International Development Finance Corp. aims to revive vessels crossing the Strait of Hormuz after war disrupted a major global oil route.

The scheme aims to help restore commercial shipping activity in the region by offering hull and machinery and cargo insurance.

The vital energy waterway remains effectively closed because of fears of Iranian attacks.

The U.S. International Development Finance Corporation (DFC) has revealed that Chubb will serve as the lead partner for its ...

The insurance giant will work with the U.S. International Development Finance Corporation to help backstop shipping.

Chubb Ltd. is partnering with the US International Development Finance Corp. on a $20 billion reinsurance backstop aimed at reviving shipping in the Strait of Hormuz, a crucial oil route being ...

Political and military uncertainties remain for the US government backed facility aiming to restore maritime trade flows through Strait of Hormuz ...

ZURICH, March 11, 2026 /PRNewswire/ -- Chubb Limited (NYSE: CB) today announced that Seshadri (Sesh) Iyer has been appointed ...

Chubb ( CB) will be the lead partner in the U.S. International Development Finance Corp.'s (DFC) $20B Maritime Reinsurance Plan, the investment arm of the U.S. government said on Wednesday.