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LLR: Insurance & Reinsurance Plus

ASPEN UNDERWRITING LTD v CREDIT EUROPE BANK NV

[2019] Lloyd's Rep. IR Plus 8

COURT OF APPEAL

Before Lord Justice Gross, Lord Justice Moylan, and Lord Justice Coulson

Conflict of laws - Jurisdiction - Hull and machinery policy - Recovery of paid insurance proceeds - Settlement agreement - Exclusive jurisdiction clauses in settlement agreement and policy - Whether binding on mortgagee bank - Tort, delict or quasi-delict - Undisclosed principal - "Matters relating to insurance" - Place where harmful event occurred - Insurance - Brussels Regulation Recast, Regulation 1215/2012/EU, articles 7, 10 and 14.

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