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RANDGOLD RESOURCES LTD AND ANOTHER v SANTAM LTD AND ANOTHER

LLR: Insurance & Reinsurance

RANDGOLD RESOURCES LTD AND ANOTHER v SANTAM LTD AND ANOTHER

[2019] Lloyd's Rep. IR 467

QUEEN'S BENCH DIVISION((COMMERCIAL COURT))

Before Hancock

Reinsurance – Cut-through clause – Claims control clause – Dispute between assured and insurers – Whether assured entitled to seek a declaration of the liability of the reinsurers to the insurers – Conditions for declaratory relief – Effect of Contracts (Rights of Third Parties) Act 1999.

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