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Yesterday — 29 May 2026NYT | Top Stories

Inside the Room Where War Insurance Is Bought and Sold

29 May 2026 at 22:30
Many of the ships stranded in the Persian Gulf depend on coverage negotiated at Lloyd’s, the center of marine insurance for more than 300 years.

© Joseph Horton for The New York Times

The 200-foot-tall atrium in the Underwriting Room, where brokers negotiate policies for ships carrying oil, gas and other goods around the world.

Romania Says It Could Invoke NATO’s Article 4. What Would That Do?

The clause in NATO’s founding treaty is an “instrument” Romania can use, the foreign minister said after a drone, alleged to be Russian, wounded two civilians.

© Daniel Mihailescu/Agence France-Presse — Getty Images

Investigators at the site of a drone crash at an apartment building in Galati, Romania, on Friday.
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