Getting the paperwork right

Patric McGonigal, of Barlow Lyde & Gilbert, looks at a recent UK case with implications for Singapore market practice

Arecent judgment of the Court of Appeal in a marine reinsurance dispute between Allianz Insurance Co Egypt (Allianz, the reinsured) and Aigaion Insurance Co SA (Aigaion, the reinsurers) raises a timely reminder of the risks posed by incomplete placing slips communicated entirely by email.