A marine insurance policy did not cover the cost of compliance with an unlawful threat from the state of Dubai to revoke a licence if a wreck was not removed. The threat did not create a legal responsibility covered by the insurance. An umbrella policy designed to cover risks not otherwise insured against, could not thereby be expected to cover all other risks.
Citations:
Gazette 15-Jan-1992
Jurisdiction:
England and Wales
Insurance, Transport
Updated: 15 May 2022; Ref: scu.89310