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With limited case law on the interpretation of warranty and indemnity insurance policies in Australia, the decision in Project Angel Bidco v AXIS considers the construction of a W&I policy and is a...
The Court of Appeal has affirmed the Commercial Court's decision and its approach to the interpretation of a Warranty and Indemnity policy, rejecting the Insured's claim that there was an obvious...
Earlier this month the High Court had to consider - - how two particular provisions in articles of association operated together (or in conflict), and -...
15 January 2021 Insurance – Business interruption insurance – COVID-19 The Financial Conduct Authority (FCA) commenced the present test case under the Financial Markets Test Case Scheme (the scheme) for the benefit of insurance policyholders, who held insurance policies which covered them against losses arising from interruption of business, to urgently clarify whether or not there was cover in principle under a variety of different standard insurance policies for COVID-19 related business losses. The defendants were eight insurers who were leading providers of ‘business interruption’...