Judge Rules Insurers Not Liable for Nord Stream Pipeline Blasts
A judge has ruled that insurers, including Lloyd's of London, are not required to pay out for damages related to the Nord Stream pipeline blasts, citing a 'war exclusion' clause.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (32/100)Sources
Judge rules insurers do not need to pay out over Nord Stream pipeline blasts
Lloyd’s of London and others spared potential €580mn payout as court finds ‘war exclusion’ applies for Russia’s busted pipes
Read full article →Western insurers don’t have to cover the Nord Stream sabotage, London’s High Court rules
London’s High Court has ruled that Western insurers are not required to cover the damage from the sabotage of both Nord Stream pipelines, the Financial Times reported, citing the court ruling.
Read full article →Coverage Timeline
Related Stories

J.P. Morgan Comments on Bessent's Bond Market Actions and Stock Market Impact
35m ago

Billionaires Druckenmiller and Loeb Shift Investments to AI and Cancer Stocks
47m ago

Michael Burry Sells Alibaba, Invests in JD.com Citing Valuation Concerns
58m ago

125-Year-Old Mall Anchor Closes Discount Outlet, Cuts 101 Jobs
1h ago