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16 Jun 2010, 3:49 am
The Commercial Court has upheld an arbitration award on business interruption insurance that used a "but for" approach to causation with the effect of limiting recovery by the insured.In the recent decision of Orient-Express Hotels Limited v Assicurazioni Generali SpA [2010] EWHC 1186 (Comm), Mr Justice Hamblen dismissed an appeal by the insured against an arbitration tribunal's decision that it was only able to recover business interruption losses… [read post]
24 Nov 2010, 2:26 am
In July 2010, the insurer settled its claims against Assicurazioni Generali SpA. [read post]
10 Apr 2009, 5:07 am
Assicurazioni Generali, SPA 252 Ga.App. 372 (2001). [read post]
24 Jun 2013, 6:57 am
On the subject of the judge's errors this Kat notes that the Court of Appeal, having found some errors in the trial judge's judgment, and that Lewison LJ, giving judgment for the Court, approved the words of Lord Mance in Datec Electronics Holdings Ltd v United Parcels Service Ltd [2007] UKHL 23, approving a passage from the judgment of Clarke LJ in Assicurazioni Generali SpA v Arab Insurance Group [2002] EWCA Civ 1642: "...In some cases… [read post]
15 Jan 2021, 1:45 am
The Supreme Court addressed the issues arising on the appeals as follows: the interpretation of “disease clauses” (which cover business interruption losses resulting from any occurrence of a notifiable disease within a specified distance of insured premises); (the interpretation of “prevention of access” clauses (which cover business interruption losses resulting from public authority intervention preventing access to, or the use of, business premises) and “hybrid… [read post]
