Australia speedster Mitchell Starc on Monday (August 10) reached an in-principle insurance settlement in his $1.53 million fight for missing the 2018 IPL, claims a Sydney Morning Herald report.

According to the report, the terms of agreement are not in the public domain yet and are expected to be filed soon.

Starc, 30, had filed a lawsuit in the Victorian County Court in April last year against the insurers of his lucrative deal to play for the Kolkata Knight Riders in the cash-rich T20 tournament.

The left-arm pacer was bought by KKR in the 2018 auction for a whopping INR 9.4 Crore but he failed to bowl a delivery during the competition as he broke down with leg injury in the preceding series against South Africa, which was marred by the ball-tampering scandal.

Starc's side claim he bowled on uneven foot marks on a worn pitch and "suffered an injury to his right tibial bone, revealed by a sudden onset of pain in his right calf, which worsened over the next few bowling sessions and during the next Test match".

However, Clyde and Co lawyers, representing the insurer, questioned the timing of the injury and stated during mediation that they had not had time to assess the authenticity of the footage from March 10, 2018.

As per the report, recent documents show they delivered subpoenas to Fox Sports, Nine Entertainment Co and CA for a full copy of video footage of not only the three Tests in South Africa but the four Tests Starc appeared in Ashes 2017-18 down under.

It is worth mentioning here that Starc had missed out on the Boxing Day Ashes Test due to a bruised right heel on his front landing foot but returned for the final game in Sydney.

The footage might prove critical when determining if Starc had experienced any injury issues, which were aggravated and led to his problems in South Africa. Clyde and Co did not respond for comment.

According to the insurers, he needed to prove "he suffered a single, sudden and unexpected event, which occurred at an identifiable time and place".