Lloyd's Underwriter Sues To Cap Yacht Payout At €6.5M

By Lucia Osborne-Crowley (December 22, 2020, 3:16 PM GMT) -- A Lloyd's of London underwriter is suing a Maltese yachting company to cap its payout at €6.5 million ($7.9 million) after the firm tried to recover the total cost of a damaged vessel under two policies worth a combined €37 million....

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