When the Trump administration initiated the conflict on February 28th without advance notice to allies, intelligence networks went dark, Lloyd's of London could not obtain classified threat assessments needed to price war risk insurance, and therefore shut down war risk coverage entirely because the risk became unquantifiable.
causalpending
Speaker
Captain John ConradEvidence Quote
“because they didn't have any advanced notice, because the intelligence networks went dark, cuz we didn't include any allies... when that war started, everyone in Lloyd's just goes, 'I don't know what the hell's happening here'”
Created: 8/12/2026, 6:08:21 PM
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