Insurance — Strait of Hormuz incident, autonomous vehicle probe, and reinsurer earnings impact insurance

Insurance · 2026-05-08

TODAY'S SIGNAL — The insurance industry is being shaped today by three converging forces. First, the Strait of Hormuz is effectively closed to commercial shipping after US-Iran clashes, creating an immediate marine, energy, and political risk repricing event with downstream implications for cargo, war risk, business interruption, and environmental liability — already evidenced by oil pollution…