Lloyd’s Part VII Transfer Approved by English High Court
With Lloyd’s syndicates due to lose their EEA passporting rights on 31 December 2020, on 25 November the English High Court sanctioned a Part VII transfer of all policies (or parts of policies) insuring EEA risks from the syndicates to Lloyd’s Insurance Company, Brussels (‘LIC’). From the end of the […]
Court of Appeal addresses “experience of insurance or reinsurance” for the purposes of appointing an arbitrator
In Allianz Insurance PLC & Ors v Tonicstar Limited [2018] EWCA Civ 434, the Court of Appeal decided that, under an arbitration clause requiring the appointed arbitrators to have “not less than ten years’ experience of insurance or reinsurance”, a barrister specialising in insurance and reinsurance law for over 10 […]