The reinsured (HIH) claimed against its 80% quota share reinsurers (which include Axa) in respect of pecuniary loss indemnity insurance written by HIH to cover loss by the financiers of two slates of films. HIH had paid their insured over $31 million in settlement of their claims under this insurance but the reinsurers said that HIH were not liable and they were not liable under the reinsurance.
Tuckey, Carnwath LJ
[2002] EWCA Civ 1253, [2002] 2 All ER (Comm) 1053
Bailii
England and Wales
Citing:
Appeal From – HIH Casualty and General Insurance Ltd v Axa Corporate Solutions and Another QBD 21-Dec-2001
. .
Cited by:
Cited – Wheatley, Smith As Executors of Henry Thomas Cadbury-Brown v King LRA 30-Nov-2011
LRA Estoppel – Exercise of options – whether defect waived – ‘The Kanchenjunga’ [1990] Lloyds Law Reports 391 – Peyman v Lanjani [1985] 1 Ch 457, HIH Casualty and General Insurance Ltd v AXA Corporate Solutions . .
Lists of cited by and citing cases may be incomplete.
Updated: 07 August 2021; Ref: scu.188941