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LLR: Insurance & Reinsurance

KONKOLA COPPER MINES PLC v COROMIN

[2006] Lloyd's Rep IR 71

QUEEN’S BENCH DIVISION COMMERCIAL COURT

Before Mr Justice Colman

Reinsurance - Conflict of laws - Mine in Zambia insured by local and Bermuda insurers - Reinsurers placed in London market - Claim brought by mine owner against insurers in Zambia under specific perils cover and against insurers in England under all risks cover - Reinsurers joined as Part 20 defendants to English proceedings - Whether English proceedings should be stayed pending determination of Zambian proceedings - Whether reinsurance incorporate Zambian jurisdiction clause from direct policy - Whether clause providing for exclusive jurisdiction - Whether English court had jurisdiction to stay proceedings - Council Regulation 44/2001, articles 2 and 27.

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