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News 2026-09-18 06:42 UTC

Marine war, PVT rates rise after Saudi Arabia drawn into Iran conflict

PVT rates near 10% for most critical Saudi risks, sources say Marine war rate stays around 3% for Bab-el-Mandeb Strait transits, sources say Lloyd's expects £1.4 billion of losses tied to early-September Middle East conflict By Jemima Denham and George Abbott Sept 18 (The Insurer) — Insurance premiums have been volatil