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Politics
Chubb Backing Trump’s $20 Billion Reinsurance Plan for Hormuz
📅11 March 2026 at 18:54
📰Bloomberg
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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 disrupted by the US and Israeli war with Iran.
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Source: This article was originally published by Bloomberg. All rights reserved to the original publisher.
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