UK Insurers Refuse to Pay Nord Stream Because Blasts were ‘Government’ Backed – Wyatt Reed 4/17/24


The legal team representing high-powered insurers Lloyd’s and Arch says that since the Nord Stream explosions were “more likely than not to have been inflicted by… a government,” they have no responsibility to pay for damages to the pipelines. To succeed with that defense, the companies will presumably be compelled to prove, in court, who carried out those attacks.

British insurers are arguing that they have no obligation to honor their coverage of the Nord Stream pipelines, which were blown up in September 2022, because the unprecedented act of industrial sabotage was likely carried out by a national government.

The insurers’ filing contradicts reports the Washington Post and other legacy media publications asserting that a private Ukrainian team was responsible for the massive act of industrial sabotage.

A legal brief filed on behalf of UK-based firms Lloyd’s Insurance Company and Arch Insurance states that the “defendants will rely on, inter alia, the fact that the explosion Damage could only have (or, at least, was more likely than not to have) been inflicted by or under the order of a government.”

As a result, they argue, “the Explosion Damage was “directly or indirectly occasioned by, happening through, or in consequence of” the conflict between Russia and Ukraine” and falls under an exclusion relating to military conflicts….

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