Nord Stream Insurers Refusal to Pony Up For Damages to Sabotaged Pipeline
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Lloyd’s of London and Bermuda-based Arch Insurance deny the €400 million claim by Nord Stream AG, arguing their policies do not provide coverage for the 2022 underwater explosions that ruptured the natural gas pipelines in the Baltic Sea because the damagNord Stream Insurers Refusal to Pony Up For Damages to Sabotaged Pipeline
Lloyd’s of London and Bermuda-based Arch Insurance deny the €400 million claim by Nord Stream AG, arguing their policies do not provide coverage for the 2022 underwater explosions that ruptured the natural gas pipelines in the Baltic Sea because the damage was inflicted by “a government.” Read more