No. of Recommendations: 5
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
