Cambiaso Risso's Bjork Warns of 'Very High' Risk in Strait of Hormuz, Impacting Global Shipping Insurance

The risk level for vessels transiting the Strait of Hormuz is now assessed as 'very high,' according to a leading marine insurance executive. This stark warning from Amanda Bjork, Head of Claims at Cambiaso Risso Asia, signals immediate and severe pressure on the global maritime insurance sector, directly tied to the regional conflict involving Iran. The strategic chokepoint, a vital artery for global oil and gas shipments, is facing heightened peril that forces insurers and shipowners to recalibrate their risk models and premiums.

Cambiaso Risso, a global specialist in marine and shipping insurance and reinsurance, is at the forefront of managing this crisis. Bjork delivered her assessment from the sidelines of the Asia-Pacific Maritime 2026 conference, indicating the issue's centrality to current industry discussions. The firm's expertise positions this warning as a critical barometer for the entire logistics and energy supply chain, which depends on secure passage through the region.

The elevated risk directly threatens to increase insurance costs, complicate contractual agreements, and potentially disrupt trade flows. This scrutiny extends beyond insurers to reinsurance markets, energy companies, and national governments concerned with energy security. The situation places unprecedented operational and financial pressure on all stakeholders involved in moving commodities through one of the world's most volatile maritime corridors.