Insurance

Assicurazioni Generali SpA v CGU International Insurance plc [2003] EWHC 1073 (Comm), Queen’s Bench Division, Commercial Court, Deputy High Court Judge Gavin Kealey QC, 2 May 2003

Reinsurance – Insurance of work for installation and maintenance of cables – Settlement of claim by reinsured – Reinsurance agreement requiring reinsurers to ‘follow the settlements’ of reinsured – Scope of obligation to follow settlements – Position where insurance and reinsurance contained same terms and were drafted on back-to-back basis – Obligation on reinsured to prove that the basis on which the claim was settled fell within the reinsurance as a matter of law