Companies

Maltese yachting company seeks US$36m from insurers

> , By 2021-02-16T12:07:00

Screenshot 2021-02-16 at 12.09.31

Maltese business claims insurers understated yacht’s damage

Maltese yachting company IAT Ltd has filed a counterclaim against a group of insurers it claims understated the cost of repairing a yacht, the 60m Ice Angel built by CMN, after she was damaged off the coast of Greenland. The business says…

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