# London Reinsurance Market

Type: organization

Source: Supply Chain Intelligence Brief — https://getsupplybrief.com/entity/london-reinsurance-market
Canonical HTML page: https://getsupplybrief.com/entity/london-reinsurance-market

## Timeline

- **2026-03-13**: Coverage Expiration — Standard war-risk policies for the affected region are set to expire or require renegotiation.
- **2026-03-06**: Kinetic Engagement — A US submarine torpedoes an Iranian warship in the waters off Sri Lanka.
- **2026-03-06**: Market Reaction — London-based reinsurers begin issuing 7-day cancellation notices to shipowners.

## Recent coverage (1 stories)

### Reinsurers Scrap War-Risk Cover After US Torpedoes Iranian Ship
2026-03-06 11:44:31 · Sentiment: Bearish · Impact: 7/10 · Sources: 2

London-based reinsurers have issued seven-day cancellation notices for marine war-risk coverage following a US submarine attack on an Iranian warship near Sri Lanka. This move signals a massive escalation in maritime risk, threatening to spike freight costs and disrupt critical Indian Ocean trade routes.
Full story: https://getsupplybrief.com/story/reinsurers-cancel-war-risk-cover-us-iran-clash

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