Orion Insurance Group

ORION INSURANCE GROUPManage supplier listing

A broker's own war-risk market-condition briefings that record how underwriters are actually re-pricing and re-segmenting a live conflict, which is not published anywhere centrally: the structural change from treating the whole Pakistan-Iran-border-to-Persian-Gulf passage as a single 'breach' call under a marine war-risks policy to three separately priced risk segments (Persian Gulf from Iraq to the Strait of Hormuz; the Strait itself; Gulf of Oman from the Strait to the Pakistan-Iran border), with per-segment additional war-risk premium multiples against pre-attack baseline (Persian Gulf around 3-4x), segment-level capacity state (severe constraint at the Strait where some insurers refuse to quote at all, others quote materially higher, many impose strict warranties), the trigger date of the change (attacks beginning 28 February 2026), enhanced-disclosure and accumulation-review requirements, and the available cover options for vessels trading to and from the Arabian Gulf — supplemented by the firm's own standing marine war-risks product documentation.