Shutterstock.com_2748539289/GreenOak
7 April 2026Insurance

Trump’s maritime reinsurance facility expands to $40bn

The US International Development Finance Corporation (DFC) has expanded its maritime reinsurance plan to $40 billion, with Chubb and six additional American insurance partners adding $20 billion in capacity to support maritime trade through the Strait of Hormuz.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
22 May 2026   New unit targets airlines, aerospace firms and aviation operators.
Insurance
22 May 2026   Condo association insurers also seeing an uptick post legislative reforms.
Insurance
22 May 2026   Mid-April storms across the states wreak wind, hail havoc.