Insurance Law Monthly

The Third Parties (Rights against Insurers) Act 1930 allows the third party victim of an insured person to bring a direct action against the assured’s liability insurers in the event that the assured has become involved in an insolvency..

It is settled law that if the assured alters the very nature of the risk being run by the insurers then they are discharged from liability as a matter of common law, but if the assured merely increases the risk of loss then the insurers remain..

In the April 2007 issue of Insurance Law Monthly there was brief discussion of the decision of the Court of Appeal in Brit Syndicates Ltd and others v Italaudit SpA [2007] Lloyd’s Rep IR 343. The Court of Appeal held that, on the wording of..

The Court of Appeal has, in Wasa International Insurance Co Ltd and AGF Insurance Co Ltd v Lexington Insurance Co [2008] EWCA 896 Civ, taken an important step towards clarifying the law affecting the construction of a reinsurance contract which is..