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21.08.2013
UK Supreme Court upholds general rule on prioritisation of claims in liability insurance

In Teal Assurance Company Ltd v WR Berkley Insurance (Europe) Ltd[1] the Supreme Court considered whether an insured and its captive insurer were entitled to choose the order in which claims were paid under a tower of insurance contracts, in order to maximise the insured's recovery under its professional indemnity insurance programme.

DLA Piper
21.08.2013
Clark Hill Thorp Reed’s Insurance & Reinsurance Briefing

Highlights recent developments in the insurance and reinsurance industry.

Clark Hill Thorp Reed
16.08.2013
Multiple losses and multiple policies: who pays?
Addleshaw Goddard
15.08.2013
The Radius of Atradius: The limits of Fraudulent Misrepresentation and Section 54

The New South Wales Court of Appeal has clarified that where insurers allege fraudulent misrepresentation or non-disclosure, the court must inquire into the subjective state of mind of the maker of the statement.  Analysis of whether a person’s conduct is careless or reckless from an objective viewpoint is insufficient.

Gadens
15.08.2013
A Precedent-Setting Russian Case May Force Reinsurers to Pay Beyond the (Original) Reinsurance Term

In a precedent-setting case, Russian courts (including the Russian Federation Supreme Arbitrazh Court) ordered Infrassure, a Swiss reinsurer, to pay US$34.4 million to its reinsured, a Russian subsidiary of Allianz (formerly ROSNO).

 

Jones Day
09.08.2013
Client Alert

Connecticut Supreme Court: “Make Whole” Doctrine Is Default Rule, But Does Not Apply to Policy Deductibles

Wilson Elsner
08.08.2013
Prioritsation of Losses

Losses under a programme of excess liability insurance are sometimes prioritised in order to maximise the potential insurance recoveries under the programme. On 31 July 2013, the Supreme Court confirmed the order in which such losses should be prioritised.

Mills & Reeve
07.08.2013
Reinsurance Update – August 2013
Steptoe & Johnson LLP
01.08.2013
Recent Chinese Supreme Court Interpretation - changes in the subrogation regime?
Clyde & Co LLP
31.07.2013
Luxembourg legal update — July 2013
Arendt & Medernach
31.07.2013
Global Corporate Insurance and Regulatory Bulletin
Mayer Brown
31.07.2013
Supreme Court Decision - Teal Assurance v WR Berkley & Aspen
Hogan Lovells
29.07.2013
Shipping e-brief — July 2013
Ince & Co
26.07.2013
Another Victory for Arbitration: The UK Supreme Court
Sedgwick Bermuda
25.07.2013
Re)Insurance Ezine - July 2013
William Fry
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