Will the Joint War Committee (Lloyd's) or a major P&I club add additional Red Sea / Bab el-Mandeb coordinates to its high-risk area by 15 October 2026?
Posted 2026-09-14, stated before the outcome.
The Joint War Committee at Lloyd's of London maintains a list of areas subject to war-risk insurance premiums for marine vessels. Protection and indemnity clubs provide liability coverage to shipowners and may issue similar designations. These listings affect insurance costs and routing decisions for vessels transiting the Red Sea and Bab el-Mandeb strait.
The claim
The Joint War Committee (Lloyd's) or a major P&I club will formally add additional Red Sea / Bab el-Mandeb coordinates to its listed high-risk area by 15 October 2026 following Houthi seizure of Mayun Island.
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