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LLR: Insurance & Reinsurance

SUN LIFE ASSURANCE CO OF CANADA v CX REINSURANCE CO LTD [2003] EWCA Civ 283

[2004] Lloyd's Rep IR 58

COURT OF APPEAL

Before Lord Justice Potter, Lord Justice Carnwath and Mr Justice Collins

Reinsurance - Agreement - Arbitration clause - Parties agreeing to be bound by terms of Management and Administration Agreement - Treaty wording drafted but not executed by reinsurers - Addendum to treaty wording agreed but not executed by reinsurers - Whether terms of treaty/addendum binding on parties - Whether arbitration clause in treaty/addendum binding on parties - Stay of proceedings - Arbitration Act 1996, s 9.

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