---
title: Trump’s Hormuz ship insurance facility has done $0 business
description: "\"Trump's $40 billion ship insurance program fails to gain traction as absence of naval escorts hinders uptake. Learn more from Financial Times.\""
image: https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg
---

# Trump’s Hormuz ship insurance facility has done $0 business

[![Picture of Insurance Nerds Editorial Team](https://insnerds.com/hubfs/insurance_nerds_logo.png) Insurance Nerds Editorial Team ](https://insnerds.com/news/author/insurance-nerds-editorial-team) :  May 16, 2026 1:23:32 AM

![Trump’s Hormuz ship insurance facility has done $0 business](https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg)

## Trump's $40 Billion Ship Insurance Scheme Sees No Uptake

A $40 billion ship insurance facility introduced under U.S. President Donald Trump has reported no business activity. According to the Financial Times, the lack of uptake is attributed to the absence of naval escorts through a key waterway.

**Original Source:** [https://www.ft.com/content/eabadd1a-a712-4b44-99bf-bb50eb753811](https://www.ft.com/content/eabadd1a-a712-4b44-99bf-bb50eb753811)

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This article was reprinted with the permission of the author and first appeared The D&O Diary . Among the many executive orders launched at the...

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Government Support for Insurers: A Changing Landscape The ongoing relationship between government policies and health insurers' stock performance has...

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UnitedHealth and Humana Shares Decline Following Medicare Payment Proposal After-hours trading on Monday saw shares of UnitedHealth Group and Humana...

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