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US Development Finance Corporation
US government development finance institution (successor to OPIC, established 2019 via BUILD Act) that provides financing, insurance, and technical assistance. Designated in March 2026 to provide war risk insurance for Gulf shipping — the first deployment of government-backed maritime war risk coverage at this scale since the War Risk Insurance Act of 1914.
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#138 25 Jun
Stood up a $40bn Chubb-backed Hormuz reinsurance facility that recorded zero uptake from shipping operators
Iran Conflict 2026: Insurers cut the price, not the risk#26 7 Mar
Mentioned in: Supertanker rates hit $424k/day, up 94%
Iran Conflict 2026#27 6 Mar
Mentioned in: China in Hormuz safe-passage talks
Iran Conflict 2026#24 6 Mar
Mentioned in: Analysts warn of $100-120 oil
Iran Conflict 2026#20 5 Mar
Mentioned in: P&I deadline passes; Strait sealed
Iran Conflict 2026#20 4 Mar
Mentioned in: Goldman bets the war ends before summer
Iran Conflict 2026#17 4 Mar
US Gulf shipping cover for allies only
Iran Conflict 2026#18 4 Mar