PIRAEUS, Greece -- Two of Royal Olympia Cruises' protection and
indemnity (P&I) insurers said they would terminate their
insurance contracts with the troubled cruise company.
The line said that its brokers informed Royal Olympia that the
Steamship Mutual Underwriting Association, one of the company's
P&I insurance underwriters, terminated its insurance, effective
immediately, and the West of England P&I Club would terminate
its P&I insurance, effective Feb. 20.