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Underwriters Fight £52M Suit From Power Plant Over Delays
Law360, London (March 12, 2021, 1:32 PM GMT) Six underwriters have told the High Court that they do not owe a renewable energy plant £51.5 million ($71.6 million) in lost revenue following a structural failure, arguing that the problems were a result of poor workmanship and not covered by the policy.
A group of insurers, including Royal & Sun Alliance Insurance PLC and Swiss Re, said in a March 5 defense filing that has now been made public that they are not on the hook to cover losses suffered by Port Clarence Energy Ltd. when works on its power plant were suspended because of structural damage. ....

Port Clarence , Provincia De Bioko Norte , Equatorial Guinea , Royal Sun Alliance Insurance , Port Clarence Energy Ltd , High Court , Sun Alliance Insurance , Port Clarence Energy , போர்த் தெளிவு , பூமத்திய ரேகை கினியா , அரச சூரியன் கூட்டணி காப்பீடு , போர்த் தெளிவு ஆற்றல் லிமிடெட் , உயர் நீதிமன்றம் , சூரியன் கூட்டணி காப்பீடு , போர்த் தெளிவு ஆற்றல் ,