FISHER AND OTHERS v UNIONE ITALIANA DE RIASSICURAZIONE SPA

[1999] Lloyd's Rep IR 215

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Colman

Reinsurance (retrocession) - Brussels Convention 1968, Art 5.1 - Alleged breach of retention warranty by retrocedant - Retrocessionaires seeking declaratory relief in England - Retrocedant domiciled in Italy - Whether “obligation in question” retrocessionaire’s obligation to pay or retrocedant’s obligation to retain part of risk.