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40 REMEDIES FOR BREACH OF DUTIES AND CONTRACTUAL TERMS

Reinsurance Practice and the Law

Chapter 40

REMEDIES FOR BREACH OF DUTIES AND CONTRACTUAL TERMS

INTRODUCTION

40.1 In this chapter we consider what remedies may be awarded by the English courts in a dispute within the reinsurance market. Since a reinsurance policy is a contract the general contractual remedies provided by English law are applicable to reinsurance. Our examination of the remedies available to the parties to a reinsurance contract starts with a brief summary of these general remedies and we then consider the application of these remedies to reinsurance disputes.

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