Lloyd's Can't Overturn $3.7M Ruling Over Forged Ship Policy

By Joel Poultney ( July 7, 2026, 6:16 PM BST) -- Lloyd's of London's Belgium-based subsidiary has lost a bid to overturn a decision ordering it to pay $3.7 million to a ship financier to cover losses after a cargo ship struck a mine in Ukrainian waters, with a London appeals court ruling that a forged insurance policy did not sink the lender's claim. ...

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