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Scope of cover
It is generally accepted that a public liability policy means precisely what it says, and that it provides the assured against liability for losses inflicted on the public in respect of which tort claims will lie. Pure contractual claims are..
Online Published Date:
01 March 2008
Appeared in issue:
Vol 20 No 3 - 01 March 2008
Follow the settlements
Facultative contracts are generally proportional and also generally written on a back-to-back basis. They also for the most part contain follow the settlements clauses.
Stronghold Insurance Company Ltd v Bulstrad Insurance and Reinsurance plc, an..
Online Published Date:
01 March 2008
Appeared in issue:
Vol 20 No 3 - 01 March 2008
Assured to act as ‘prudent uninsured’
A recent decision of the High Court of Australia,
CGU Insurance Ltd v AMP Financial Planning Pty Ltd [2007] HCA 36, is a critical one. It deals with a question which is raised very frequently in practice but to date not satisfactorily resolved: if..
Online Published Date:
01 March 2008
Appeared in issue:
Vol 20 No 3 - 01 March 2008
The new Insurance Contracts Law in Germany
The new German Insurance Contracts Law (Versicherungsvertragsgesetz – VVG) mirrors the result of a long anticipated reform work in the area of insurance contract law. It contains several breakthrough innovative provisions which overall..
Online Published Date:
01 March 2008
Appeared in issue:
Vol 20 No 3 - 01 March 2008