DIFC Court Curbs Defence-Cost Recovery in $70m Gulf Tanker Reinsurance Case
Insurance

DIFC Court Curbs Defence-Cost Recovery in $70m Gulf Tanker Reinsurance Case

Dubai's DIFC Court of Appeal has reversed a regional market-practice finding on defence costs, ruling English law and Lo...

Tamar Rosen 👁 40 💬 0
Acies MGU Launches TEDmar International to Challenge TT Club's Grip on Ports and Terminals Insurance
Insurance

Acies MGU Launches TEDmar International to Challenge TT Club's Grip on Ports and Terminals Insurance

Marine market veterans Mark Trevitt and Charlie Newman lead a new Lloyd's-backed MGA, entering a niche that long had onl...

Tamar Rosen 👁 29 💬 0
New Lloyd's Clause Could Strip Cover From Tankers That Pay Iran Tolls
Insurance

New Lloyd's Clause Could Strip Cover From Tankers That Pay Iran Tolls

A model clause from Lloyd's Market Association lets marine insurers cancel war risk cover if a vessel pays for safe pass...

Tamar Rosen 👁 42 💬 0