ASTRAZENECA INSURANCE CO LTD v XL INSURANCE (BERMUDA) LTD AND ANOTHER

[2013] Lloyd's Rep. IR 290

QUEEN'S BENCH DIVISION(COMMERCIAL COURT)

Before Mr Justice FLAUX

Reinsurance – Liability insurance – Bermuda Form – Whether New York law relevant – Liability of assured to policyholder for defence costs and settlement – Whether reinsured had to prove liability of assured as a matter of law – Whether reinsured liable for defence costs where claim itself not covered by policy.