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The Earl of Kinnoull (CB)

Speaking in the House of Lords on 18 March 2026

Debate

Strait of Hormuz

Contribution

My Lords, one of the precursors to the reopening of the commercial shipping lanes in the Strait of Hormuz would be the availability of reasonably priced insurance—and lots of it. The main marine insurance markets for the world are based in London. What discussions are the Government having with those markets to understand what has to be done so that those markets can reopen and allow the insurance side of shipping to take place? I declare my interest in the insurance world.

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