AstraZeneca Insurance Company Ltd v XL Insurance (Bermuda) Ltd and another

Insurance – Reinsurance. The case concerned defendant insurance companies who had agreed to reinsure the claimant insurance company for a 50% share in respect of insurance provided by the claimant under a policy. The Court of Appeal, Civil Division, dealt with two preliminary issues concerning the interpretation of the policy and in dismissing the appeal of the claimant upheld an earlier decision.

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