Insurers Lose Bid To Pull Petrofac Execs' £45M Defense Cover

By Christopher Crosby ( October 15, 2026, 3:26 PM BST) -- Lloyd's of London insurers must continue paying up to £45 million ($60 million) in additional criminal defense costs for two former Petrofac executives due to stand trial on bribery charges, as the Court of Appeal dismissed their bid to avoid the policy....

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