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Insurers Do Not Have to Pay for Nord Stream Sabotage
Summary by Herbert Frommes Versicherungsmonitor
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2 Articles
The dispute over the Nord-Stream suspensions has been settled. London's High Court sees sabotage as a war-related event and relieves the burden on insurers. read more
The insurers Lloyd and Arch can breathe: The London High Court has dismissed a lawsuit from the pipeline operator Nord Stream against the companies that did not want to pay for damage to the exploded Nord Stream 1 and 2. The insurers Lloyds of London and Arch Insurance do not have to pay for the damage caused by an explosion in the gas pipelines of the operator Nord Stream © Nord Stream [...]
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