The case of Quadra Commodities SA v XL Insurance Company SE & Ors considers the law of insurable interest and, importantly, whether insurers are liable to pay damages for late payment of an indemnity. Insuralex´s Exclusive Member in UK (London, Carter Perry Bailey ) provides its views on the first reported Judgment of the factors to be taken into account …

Insuralex´s exclusive member in the UK publishes a summary and analysis of the judgment in the FCA business interruption insurance test case   Following the hearing of the FCA business interruption insurance test case, which commenced on 20 July 2020 (you can read our summary of the hearing and the background to the claim here), the High Court handed down …