Reinsurance Alert: Commercial Court clarifies the position on follow settlement clauses for retrocessionaires
By EsqSocial Corporation 27/11/13
On 6 November 2013, the Commercial Court handed down its judgment in Tokio Marine Europe Insurance Ltd v Novae Corporate Underwriting Ltd [2013] EWHC 3362 (Comm). Mr Justice Hamblen held that the defendant retrocessionaire had agreed to follow the...
By: DLA Piper