XL Specialty Insurance pursues shipping giants for $1.6 million pharma cargo loss


XL Specialty Insurance pursues shipping giants for $1.6 million pharma cargo loss

XL Specialty Insurance is chasing more than $1.6 million from shipping heavyweights after a pharmaceutical cargo was lost and damaged at sea last August.

On August 18, 2025, XL Specialty Insurance Company Limited filed a lawsuit in the Southern District of New York against MSC Mediterranean Shipping Company S.A., Expeditors International of Washington, Inc., and DSV Ocean Transport A/S. The insurer says it paid out claims after containers of medical solutions and pharmaceutical products, shipped from India to the United States, were either lost overboard or damaged during a voyage on the M/V MSC ANTONIA.

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