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LLR: Insurance & Reinsurance

ROYAL AND SUN ALLIANCE INSURANCE PLC v DORNOCH LTD

[2004] Lloyd's Rep IR 826

QUEEN’S BENCH DIVISION COMMERCIAL COURT

Before Mr Justice Aikens

Reinsurance - Directors and Officers’ insurance - Claims control clause in reinsurance agreement - Obligation on reinsured to notify loss or losses within 72 hours of knowledge of loss - Whether “loss or losses” referred to losses of third party claimants or losses suffered by assured in following claims - Whether reinsured had “knowledge” of losses.

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