Ever Given insurer says reduced claim still high

The UK Club, one of the oldest Protection and Indemnity (P&I) clubs in the world and the Ever Given’s insurer rejected a new, lower damages claim from Egypt. The Suez Canal Authority (SCA)  was seeking $916 million for the blockage of the Suez Canal, then dropped it to $600 million but the London-based insurance entity said Egypt’s reduced compensation claim was still