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 👁 51 💬 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 👁 57 💬 0