London insurers lose appeal over £4.2mn Ukrainian grain scam

A group of London market (re)insurers have lost their Supreme Court bid to overturn a judgment which forces them to pay out £4.2mn ($5.2mn) to a Swiss soft commodities trader that was defrauded in a grain scam operating out of Ukraine.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7540 000929

spencer.halladey@wbmediagroup.com

    Andy Stone

    Sales manager

    +44 (0) 7834 843176

    andy.stone@wbmediagroup.com