News & Updates

24 August 2020

Allied Insurance issues an official press statement regarding an article published on Mihaaru News headlined “Yacht Tours prompts to enforce court order due to alleged breach on impending claim payment”, dated 23rd August 2020

Allied Insurance announces appeal of Civil Court verdict referring to pay claim amount of USD 22 Million for Yacht Tours. Identifying lack of evidence as grounds of appeal, the company asserted that the compensation sought for the damages of Ha.Alidhoo Resort operated by Yacht Tours were not listed on the benefits of coverage of the insurance policy issued. »

News and Updates