Global Business in Iran Database
In-depth metrics and analysis of Iran's international economic partnerships.
by dpupkin | Mon, 2010-07-12 19:20
selected project
Lloyds-Iranian Insurance Halt
description
Due to recent American sanctions placed on Iran, Lloyds of London has decided to cease insuring or reinsuring petroleum shipments going to the Islamic Republic. This follows a decision this year to add Iran to a list of high risk places for merchant vessels to travel.
- Country: United Kingdom
- Contractor: Lloyds TSB
Status
- Current Status:
- Discussion Date: Fri, 2010-07-09
- Contract Date:
- Completion Date:
Citation
1. "Lloyds to comply with sanctions, will not cover Iranian petroleum shipments", Arab Times, July 9, 2010, available at http://www.arabtimesonline.com/NewsDetails/tabid/96/smid/414/ArticleID/1...
2. "Lloyds' ship underwriters to tackle Iran sanctions", Reuters, July 2, 2010, available at http://www.reuters.com/article/idUSLDE6611HS20100702
