--- title: "US Joins New Partners to Double Strait of Hormuz Reinsurance Guarantee to $40 Billion" type: "News" locale: "en" url: "https://longbridge.com/en/news/281648632.md" description: "The U.S. International Development Finance Corporation (DFC) announced that, with the addition of new insurance partners, it will double the reinsurance guarantee for vessels willing to transit the Strait of Hormuz to $40 billion. The newly joined insurers include Travelers, Liberty Mutual, Berkshire Hathaway, American International Group (AIG), Starr, and CNA Financial, which will provide an additional $20 billion in reinsurance for Chubb's maritime financing facility" datetime: "2026-04-03T15:16:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281648632.md) - [en](https://longbridge.com/en/news/281648632.md) - [zh-HK](https://longbridge.com/zh-HK/news/281648632.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/281648632.md) | [繁體中文](https://longbridge.com/zh-HK/news/281648632.md) # US Joins New Partners to Double Strait of Hormuz Reinsurance Guarantee to $40 Billion With the addition of new insurance partners, the United States is doubling its commitment to reinsurance guarantees for vessels willing to transit the Strait of Hormuz to $40 billion. The U.S. International Development Finance Corporation (DFC) announced that Travelers, Liberty Mutual, Berkshire Hathaway, American International Group (AIG), Starr, and CNA Financial will join Chubb in providing an additional $20 billion in reinsurance for the agency's maritime financing facility. ### Related Stocks - [Berkshire Hathaway Inc. (BRK.A.US)](https://longbridge.com/en/quote/BRK.A.US.md) - [Chubb Limited (CB.US)](https://longbridge.com/en/quote/CB.US.md) - [American International Group, Inc. (AIG.US)](https://longbridge.com/en/quote/AIG.US.md) - [The Travelers Companies, Inc. (TRV.US)](https://longbridge.com/en/quote/TRV.US.md) - [Berkshire Hathaway Inc. (BRK.B.US)](https://longbridge.com/en/quote/BRK.B.US.md) - [CNA Financial Corporation (CNA.US)](https://longbridge.com/en/quote/CNA.US.md) ## Related News & Research - [Warren Buffett says avoiding risk could be your biggest mistake—here’s why](https://longbridge.com/en/news/281360706.md) - [Warren Buffett teams up with NBA superstar Stephen Curry for charity lunch, reviving iconic auction](https://longbridge.com/en/news/281182480.md) - [Three Chinese Ships 'Successfully' Make Strait of Hormuz Transit, Foreign Ministry Says](https://longbridge.com/en/news/281363134.md) - [Ponce Financial Adds Marlene Cintron to Board Leadership](https://longbridge.com/en/news/281204356.md) - [Viking Announces Float Out of Newest Nile River Ships](https://longbridge.com/en/news/281374904.md)