Commercial Union Assurance Company PLC v NRG Victory Reinsurance Ltd: ComC 1 Aug 1995

Exxon claim clean-up expenses in Texas. Plaintiffs settle on basis would be liable to Exxon in Texas. Excess of loss reinsurance. How should liability of plaintiffs be assessed? Relevance of liability in Texas. Liability of reinsurer. Reinsurer liable on basis of liability in Texas

Judges:

Clarke J

Citations:

[1998] 1 Lloyd’s Rep 80, [1997] CLC 1561

Jurisdiction:

England and Wales

Citing:

Reversed on appeal toSkandia International Corp and Commercial Union Assurance Company PLC v NRG Victory Reinsurance Limited CA 16-Mar-1998
A fully defended foreign judgment against an insurer was binding on the re-insurer, but insurer must show that the settlement was properly entered into.
cw Exxon claimed clean-up expenses in Texas. The . .

Cited by:

Reversed on Appeal fromSkandia International Corp and Commercial Union Assurance Company PLC v NRG Victory Reinsurance Limited CA 16-Mar-1998
A fully defended foreign judgment against an insurer was binding on the re-insurer, but insurer must show that the settlement was properly entered into.
cw Exxon claimed clean-up expenses in Texas. The . .
Lists of cited by and citing cases may be incomplete.

Insurance

Updated: 16 May 2022; Ref: scu.182579