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A comment on Over 100 ships have sailed with fake insurance from the Norwegian Ro Marine. Parent comment

Re:Over 100 ships have sailed with fake insurance from the N... by vintermann on Friday September 12, 2025 @10:46AM (#45222720)
How reliable is liability insurance for that sort of thing, generally speaking?
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Re:Over 100 ships have sailed with fake insurance from the N... by ceejayoz on Friday September 12, 2025 @10:52AM (#45222784)
Quite. The real insurers are large, old, and have long made a name for themselves in this regard. https://en.wikipedia.org/wiki/Lloyd%27s_of_London
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Re:Over 100 ships have sailed with fake insurance from the N... by SanjayMehta on Friday September 12, 2025 @09:38PM (#45228599)
So existing legacy monopolies are real and all newcomers are fake. Got it.
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Re:Over 100 ships have sailed with fake insurance from the N... by ceejayoz on Saturday September 13, 2025 @09:34AM (#45231977)
Nah. The smaller new ones reinsure via folks like Lloyds. It’s quite complex.

The company in this article could have done that, but they forged documents to avoid it. They had no intention of covering accidents - it was just plain fake to get these ships into ports.

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