Underwriters tell shipowners to coordinate with Iranian authorities or risk losing cover

- Underwriters are now telling shipowners they must coordinate with Iranian authorities or risk being blacklisted by insurers when transiting Red Sea and nearby chokepoints. (x.com) - The guidance reportedly targets non‑Russian and non‑Chinese vessels for exclusion unless owners accept coordination terms, raising policy exclusions. (x.com) - That insurer stance increases rerouting, war‑risk premiums and commercial bargaining over who will accept Iranian coordination. (x.com)