When can insurers rely on a sanctions clause to refuse to pay a claim?

In Mamancochet Mining Ltd v Aegis Managing Agency Ltd and Others [2018] EWHC 2643 (Comm); [2018] Lloyd’s Rep Plus 100 the English High Court was asked to consider the proper interpretation of the “sanction limitation and exclusion clause” in a marine cargo policy.

As far as the author is aware, this is the first time a dispute on the interpretation of the standard form sanctions clause, developed by the Joint Hull Committee (JH 2010/009) and adopted by the Joint Cargo Committee (JC 2010/14) and Lloyd’s Market Association (LMA 3100), has come before the English courts.