GAN INSURANCE CO LTD v TAI PING INSURANCE CO LTD (No 3)

[2002] Lloyd's Rep IR 612

COURT OF APPEAL

Before Lord Justice Brooke, Lord Justice Mance and Mr Justice Park

Reinsurance - Claims Co-operation Clause - Reinsurers requiring reinsureds to appoint named loss adjusters to investigate loss - Reinsureds reaching settlement without seeking permission of reinsurers - Whether breach of Claims Co-operation Clause - Whether reinsureds admitted liability contrary to Clause.