Reinsurance: excess of loss reinsurance and aggregation

In Simmonds v Gammell [2016] EWHC 2515 (Comm), Sir Jeremy Cooke had to consider an appeal from the finding of an arbitral tribunal that the reinsured’s liability to indemnify the Port of New York against claims by employees following the WTC attacks arose from one event. The case is discussed by David Turner QC of 4 New Square.

The facts