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Macro EconomyMedium•8 April 2026•

1 min read

Chubb and US DFC Expand Maritime Reinsurance Facility to $40 Billion

Key Facts

1The US International Development Finance Corporation (DFC) and Chubb expanded their maritime reinsurance facility to $40 billion.

2Six new American insurance partners joined the facility: Travelers, Liberty Mutual, Berkshire Hathaway, AIG, Starr, and CNA.

3The facility aims to restore maritime trade through the Strait of Hormuz by providing insurance coverage for vessels and cargo.

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The US International Development Finance Corporation (DFC) and Chubb have announced a significant expansion of their maritime reinsurance facility, increasing its capacity to $40 billion. This strategic move aims to restore and secure maritime trade through the Strait of Hormuz, a critical global shipping lane. Six major American insurance partners, including Travelers, Liberty Mutual, and Berkshire Hathaway, have joined the facility to bolster its coverage capabilities. Other notable participants include AIG, Starr, and CNA, reflecting a broad industry commitment to mitigating geopolitical risks. The facility will provide essential insurance coverage for both vessels and cargo, addressing the volatility currently affecting regional trade routes. This expansion is expected to enhance global shipping stability and provide a safety net for international commerce, signaling a positive outlook for the involved insurance stocks.