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Trader Sues Insurer RSA For $19M Over Missing Sugar

Law360, London (July 13, 2018, 6:44 PM BST) -- Sugar trader ED&F Man Sugar Ltd. is suing Royal & Sun Alliance Insurance PLC for up to $19.1 million in the English courts over the insurer’s alleged refusal to pay out on a claim over losses related to two shipments of sugar.

In its suit filed July 3 in the High Court of Justice, ED&F Man said the insurer is liable under a 2015 to 2017 marine cargo policy for losses sustained when a company in Ghana, Africa, misappropriated the sugar without paying the trader for...
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