assessing damage

Allianz cautions on shipping claims from Hormuz crisis

More than 40 commercial vessels were hit during the war, resulting in the deaths of 14 seafarers and generating claims that could include total losses 

maps4media via Getty Images

Satellite overview of the Strait of Hormuz

The bill for the Iran war’s four-month chokehold over the Strait of Hormuz is starting to arrive.

Allianz, the world’s largest insurer by assets, said it has already received claims tied to ships damaged during the conflict, including...