OAKES, Chief Judge:
Excess Insurance Company, Ltd., et al., a consortium of London-based insurance companies, appeal from a judgment entered pursuant to an October 25, 1991 opinion and order of the United States District Court for the Southern District of New York, Mary Johnson Lowe, Judge, granting summary judgment for Saritejdiam, Inc. on a claim that its Jeweler's Block Policy covered the loss of loose diamonds valued at $267,514.30.
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