Landmark on liability.
Brokers could now be faced with much greater liability when placing reinsurance contracts. Andrew Symons and Richard Tosh explain the future repercussions of last week's landmark House of Lords ruling.
Last week, the House of Lords handed down a landmark decision inAneco Reinsurance Underwriting (in liquidation) v Johnson & Higgins in
relation to the measure of damages payable by a reinsurance
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