ROYAL & SUN ALLIANCE INSURANCE PLC v DORNOCH

[2005] Lloyd's Rep IR 544

COURT OF APPEAL

Before Lord Justice Brooke, Lord Justice Mance and Lord Justice Longmore

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.