Re-insurers are bound by ‘follow settlement’ clause where the claim is within the risks covered.
Citations:
Times 25-Jul-1994
Jurisdiction:
England and Wales
Cited by:
Appeal from – Hill and Others v Mercantile and General Reinsurance Co Plc; Berry and Others v Same HL 15-Aug-1996
Liability under reinsurance was not invalidated by a compromise including other claims. The parties to reinsurance contracts could set their own ways of proving the loss within a contract. A Full Reinsurance Clause is not binding in respect of any . .
Lists of cited by and citing cases may be incomplete.
Insurance
Updated: 20 May 2022; Ref: scu.81375