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Commission probe into marine insurance comes up empty

By  |  August 1, 2012

The European Commission’s investigation of marine insurance agreements between ship owners failed to turn up any conclusive evidence of anticompetitive activity. The Commission had initial concerns that commercial insurers were being unfairly excluded from the sector and was able to investigate following the expiration of a 20-year exemption that covered the insurance agreements.

Full content: Bloomberg

 

Related content:  Making Waves in the Insurance Sector’s Safe Harbor: The European Commission Consults on the Insurance Block Exemption

 

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