Trump's solutions to Iranian shipping threat leave insurance sector unimpressed
Donald Trump's offer of US-backed insurance and naval escorts for shipping travelling through the Strait of Hormuz has not prevented maritime premiums soaring as underwriters scramble to reassess the risks to oil, gas and cargo vessels.
Three people have been jailed for insurance fraud after claiming their cars were damaged by a bear - only for the assailant to be somebody dressed in a bear costume.
With Iran choking off one of the world's most crucial shipping lanes, heads of government and industry now face a tough question: what can be done to stop them?
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Trump's solutions to Iranian shipping threat leave insurance sector unimpressed
