Post New

https://www.dfc.gov/media/press-releases/dfc-annou...

"The U.S. International Development Finance Corporation (DFC) today announced that Chubb will serve as the lead partner for DFC’s $20 billion Maritime Reinsurance plan designed to resume commercial shipping in the Gulf.

Chubb, a global leader in Property & Casualty insurance, including Political Risk and Maritime insurance, will act as the lead underwriter issuing policies for eligible vessels. Together, DFC and Chubb have identified several American insurance companies to provide reinsurance policies behind Chubb and alongside DFC to expand market capacity. Additional reinsurance partners may be announced in the coming days.

“DFC is pleased to partner with Chubb, one of the world’s leading insurance companies, to help get energy and trade flowing again through the Strait of Hormuz. DFC’s Maritime Reinsurance plan combines Chubb’s premier underwriting expertise with the financial commitment of the U.S. Government."


Not sure Berkshire wants a part of this

Ships in Strait are a safety issue, not an insurance issue, says Marsh’s Marcus Baker
Marcus Baker, Marsh, joins ‘Power Lunch’ to discuss the significance of the Chubb deal to insure ships through the Persian Gulf, how to get safety concerns taken care of in the region and much more.


https://www.cnbc.com/video/2026/03/11/ships-in-str...

“ Not sure Berkshire wants a part of this.” Brk should and will participate in the group.

"Brk should and will participate in the group." - HC

I doubt it. Circle of competence and all that. U.S. insurers (and Berkshire in particular) have no experience in insuring cargo carrying vessels, let alone how to do so in a wartime scenario.

In fact, from what I have read, insurance isn't the problem. Insurers at Lloyds of London are still willing to insure vessels (at extremely high rates, but still). The problem is getting crews and ship owners who want to risk their lives in an obviously very risky situation.

I think that this is just another example of the administration not understanding the problem and then throwing something out there and announcing it just to appease the ignorant supporters who do not know any better.

I think that this is just another example of the administration not understanding the problem and then throwing something out there and announcing it just to appease the ignorant supporters who do not know any better.


https://youtu.be/JUtcFGdVecI?si=BMds4DzjRWostCyE

Better to have a race hustling piece of lying garbage send them more money. You and your ilk have no credibility. If you want proof go listen to the many videos from this period. Hypocrisy and incompetence from these left wing American hating scumbags.

Thank you for demonstrating my point so clearly.

Never mind, I learned from your favorite show what this is really all about, my bad 🤣

https://youtube.com/shorts/LhaytuE_6vs?si=bN09afrZ...

Post New

Berkshire Hathaway FAQ

---

Contact Shrewd'm
Contact the developer of these message boards.