Insurers claim war is excluded from Nord Stream policies in EUR400mn lawsuit

Insurers claim that damage from the “detonation of an explosive” is also excluded.

April 18, 2024

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Insurers in the EUR400mn ($426mn) lawsuit with Nord Stream have claimed that war is excluded in the policy wordings, according to recent court documents in the case.

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Insurers claim war is excluded from Nord Stream policies in EUR400mn lawsuit

Insurers claim that damage from the “detonation of an explosive” is also excluded.

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Insurers claim war is excluded from Nord Stream policies in EUR400mn lawsuit

Insurers claim that damage from the “detonation of an explosive” is also excluded.

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Uncover exclusive insights tailored for insurance leaders

Topics

Axis Q1 top line grows 11.4% to $2.7bn with CoR up 0.2 points to 91.1%

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RenRe remains cautious on Florida expansion despite market improvements

Economic value of SiriusPoint's MGAs higher than carrying value: CEO

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