Vanuatu Yacht Owner Sues Insurer For $13.8M After Fire

Law360, London (October 29, 2019, 5:44 PM GMT) -- The owner of a yacht that sank after it burst into flames off the coast of Malaysia has filed a $13.78 million suit against its insurer Allied World Assurance Company, seeking to claim back the loss.

Mega Yacht Club of Vanuatu Ltd. said in its High Court claim that the insurer needs to cover the loss of its motor yacht called “UN1K,” which capsized 15 miles from Muka Head in Penang, Malaysia, after a fire broke out while it was en route to Singapore in September 2016.

The yacht company said that Allied World Assurance owes it the money under a...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS