Very interesting. One of my normie friends was quick to send me an article about the Insurance companies causing the Hormez closure by not providing any insurance. It was an odd article and didn't make sense, but this perfectly explains it.

I think the OP did not go further, but if you extrapolate the events what one would deduce is that:

• If Lloyds fails to provide Insurance based on actual risk, then it opens up a HUGE market

• US can fill in the gap, esp if supported by the US military to reduce the risk

• This will eventually result in the Squeeze of British Insurance Cartel, much like the LBMA with the Silver squeeze.

= Freedom

EVERYTHING is coming back to putting the "City of London" as the BULLSEYE for dismantling the CORRUPT WW systems we all have lived under. The EXPOSURE of the insurance Industry will EXPOSE 9/11.

The Venezuela 🇻🇪 and Iran 🇮🇷 ops had secondary targets of the London financial system and Chinese supply chain.

Insurance is nothing less than gambling.

I hope all insurance requirements are removed.

"But what if I damage my car?!" Drive slower. Take care of your stuff.

Full transcript

John Ʌ Konrad V

@johnkonrad

This is potentially the biggest Iran story nobody is talking about: the global insurance market may be heading toward a systemic crisis. Here’s why…

Most people don’t realize London isn’t just a financial center it’s THE center of global insurance.

Lloyd’s underwrites ~40% of the world’s marine cargo. Ship sinks, port gets bombed, canal gets blocked the bill lands in London.

This is why the UK punches above its weight. Not the Royal Navy. Not diplomacy. Insurance.

Control insurance, control trade. And London doesn’t just control the 90% of global trade that moves by sea. Lloyd’s and the London market are major insurers of almost everything skyscrapers, factories, ports, satellites, entire supply chains.

You can’t participate in public markets or raise large amounts of capital without insurance.

Now, the normal playbook for war risk is repricing, not cancellation.

Canceling coverage entirely is a massive escalation in underwriting posture. It signals something beyond risk, it signals uncertainty so deep the underwriter can’t even price it.

The question everyone should be asking: why?

Why not just jack up premiums and make a fortune off the crisis like they did in the Black Sea off Ukraine?

To answer that, you have to understand WHY London has maintained a stranglehold on global insurance while losing nearly submarket related to ships.

The answer: better intelligence.

It is no coincidence that MI6 headquarters sits directly across the Thames from the @IMOHQ , the world’s maritime regulator & a short distance from Lloyd’s itself.

I have no proof of a direct pipeline, but it has long been speculated in the industry that intelligence flows from MI6 to Lloyd’s.

Having the best intel in the world would be the single greatest competitive advantage any insurer could possess: the ability to price risk that competitors can only guess at.

Here’s the problem: the majority of MI6’s intel doesn’t come from its own agents. It comes from Five Eyes the alliance comprising the US, UK, Australia, Canada, and New Zealand.

And within 5Eyes, the dominant partner is obvious. The CIA, NSA, NRO, etc generate the lion’s share of intel.

So if Lloyd’s pricing advantage flows from MI6, and MI6’s best intelligence flows from the US… what happens when that data pipeline gets throttled?

All indications are that @Keir_Starmer was blindsided by the size and scope of the US/Israel strikes on Iran this weekend. That alone tells you something about the current state of transatlantic intelligence sharing.

And we know there has been serious anger in Washington over the UK’s decision to sell Diego Garcia, home to America’s most strategically important base in the Indian Ocean, to Mauritius.

It is not a huge leap to conclude that the submarine cables linking Langley to London have gone dark, or at minimum have been significantly throttled.

What this means for UK national security is a question for the Brits. But what it means for EVERY company globally that’s insured through the London market has massive implications for the entire financial system.

Because most large insurers worldwide don’t do independent intelligence work. They index off Lloyd’s rates.

If you’re insuring a skyscraper in Tokyo, a semiconductor fab in Taiwan, or a port in Argentina you get a Lloyd’s quote, then shop that price around.

Other insurers see Lloyd’s number and assume the diligence was done. They price accordingly.

This means if London is suddenly flying blind it’s not just Lloyd’s policyholders at risk. It’s the entire global reinsurance chain.

The cancellation of war risk coverage on ships isn’t the crisis. It’s the canary.

If this hypothesis is correct, we could be looking at a systemic repricing event across global insurance markets…. the kind of cascading uncertainty that defined 2008 and COVID.

Watch Lloyd’s. Watch reinsurance spreads. What Five Eyes. That’s where this story, and possibly Wall Street, breaks.

Interesting!!! He’s playing 5D chess and the evil empire is doing Checkers….

https://greatawakening.win/p/12kFUWn3JO/i-chose-gods-assurance-over-mans/

This just confirmed so much...

Are their any ten days of darkness Q post that relate back to this? Perhaps its 10 days of darkness for GB when it comes to intel they need not to collapse lloyds?

https://gcaptain.com/marine-insurers-cancel-war-risk-iran-hormuz/

Lloyd’s also sells E&O to many small companies in the USA. I know many companies in my industry that use them. Many times they are the only insurance provider with policies over $1.2 million, which isn’t enough for what we do.

Trump has now seized total control—single-handedly.

The game has changed forever, and the parasites who’ve been profiting from these endless wars for decades just got evicted from their own house. Lloyd’s of London will be bankrupt within months, along with most other global insurers, as they lose every dime of that revenue to the United States.They tried to play cute, sow chaos around the world, and now they’re going to pay the full price. Next comes direct confrontation with the UK, complete withdrawal from NATO and the UN, and when exhausted European citizens finally rise up, we will “liberate” them too—through decisive regime change.

Britain fucked around. Now they’re going to find out.