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ASPEN UNDERWRITING LTD AND OTHERS v CREDIT EUROPE BANK NV

LLR: Insurance & Reinsurance Plus

ASPEN UNDERWRITING LTD AND OTHERS v CREDIT EUROPE BANK NV

[2020] Lloyd's Rep. IR Plus 18

SUPREME COURT

Before Lady Hale, Lord Reed, Lord Kerr, Lord Hodge, Lord Lloyd-Jones, Lord Kitchin and Lord Sales

Conflict of laws – Jurisdiction – Recovery of paid insurance proceeds – Settlement agreement – Exclusive jurisdiction clause in policy – Whether binding on mortgagee bank – “Matters relating to insurance” – Insurance – Hull and machinery policy – Brussels Regulation Recast.

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