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Europe Daily Bulletin No. 10201

27 August 2010
Contents Publication in full By article 15 / 19
GENERAL NEWS / (eu) eu/competition
Formal investigation into marine insurance agreements

Brussels, 26/08/2010 (Agence Europe) - On Monday 26 August, the European Commission opened formal proceedings to investigate whether certain provisions accompanying claim-sharing and joint-reinsurance agreements in the marine insurance sector might infringe European Union antitrust rules. The Commission fears that the provisions at stake in the agreements between the Protection & Indemnity Clubs (P&I Clubs) within the International Group of P&I Clubs (IG) may harm ship owners and the...