i-law

LLR: Insurance & Reinsurance

KOREA NATIONAL INSURANCE CORPORATION v ALLIANZ GLOBAL CORPORATE & SPECIALITY AG

[2009] Lloyd's Rep. IR 480

COURT OF APPEAL

Before Lord Justice Waller, Lord Justice Rix and Lord Justice Thomas

Reinsurance — Conflict of laws — Judgment obtained by reinsured against reinsurers in North Korea — Application to English courts for enforcement of judgment — Whether English court precluded from hearing allegations of fraud in obtaining judgment — Allegations of intervention by Head of State — Doctrine of non-justiciability.

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