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International

Mauritius could seek $10 billion from reinsurers over oil spill

November 25, 2020 Reprints

Mauritius could file claims worth more than $10 billion from global reinsurers for the oil spill caused by the Japanese bulk carrier MV Wakashio, which ran aground on July 25, Forbes reported. The oil spill has created unique circumstances and exposed legal loopholes, which could be leveraged to claim higher insurance payouts.

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Mauritius could seek $10 billion from reinsurers over oil spill

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