ROYAL & SUN ALLIANCE INSURANCE LTD V EQUITAS INSURANCE LTD

[2025] EWHC 2704 (Comm), King's Bench Division, Commercial Court, His Honour Judge Keyser KC, 21 October 2025

Reinsurance – Whether reinsurance excess eroded by defence costs – Follow Settlements Clause – Claims Co-Operation Clause – Award of interest

For the period 1 October 1981 to 30 September 1985 RSA provided worldwide general liability insurance to the BOC group. The insurance was under Master Policies, which applied where local Subsidiary Policies failed to respond by virtue of any limitation of cover.