The ​Lloyd’s ⁠of ‌London market is engaging ​with the U.S. ​government’s Development Finance Corporation ​over a plan ⁠to provide political risk insurance ​and guarantees ‌for maritime ⁠trade ⁠in the Gulf, ​Lloyd’s ‌market officials ⁠said on Thursday.

"Lloyd’s is engaging constructively with the US Development Finance Corporation ‌and relevant stakeholders," a ⁠Lloyd’s spokesperson said.

(Reporting ​by Jonathan Saul ​and ‌Lisa Baertlein; ⁠Editing ​by Emelia Sithole-Matarise)