The Norwegian and London insurance markets are set to go head to head in a hotly contested dispute over a fraudulent collision claim.

The Norwegian Hull Club is insisting that the Catlin underwriting group at Lloyd’s pick up costs incurred over an unjustified claim brought by India’s Jaisu Shipping.

Ariela, the ship at the centre of the dispute.
The dispute is due to go to trial in London in January with the Norwegian Hull Club and following underwriters arguing that Catlin and its supporting underwriters are liable as they funded and supported a fraudulent claim.

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