i-law

LLR: Insurance & Reinsurance

TECHNIP SAUDI ARABIA LTD v MEDITERRANEAN AND GULF COOPERATIVE INSURANCE AND REINSURANCE CO

[2024] Lloyd's Rep. IR 320

KING’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr Justice Jacobs

Insurance (liability) – Maritime construction project – Co-insurance – Effect of settlement reached without consent of insurers – Meaning of “Existing Property” exclusion – Quantum.

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