i-law

LLR: Insurance & Reinsurance

WEIR SERVICES AUSTRALIA PTY LTD v AXA CORPORATE SOLUTIONS ASSURANCE

[2018] Lloyd's Rep. IR 50

NEW SOUTH WALES SUPREME COURT

Before Justice Hammerschlag

Insurance (liability) – Claim settled by assured prior to arbitration award – Award dismissing claim against assured – Whether insurers liable for settlement – Whether insurers liable for defence costs – Meaning of “occurrence” – Claims condition – Effect of condition precedent.

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