Lloyd's favoured in central fund dispute but case rumbles on
Lloyd’s dispute with six reinsurers of its new central fund is in the balance after arbitration proceedings found that one of the carriers, Swiss Re, was entitled to "avoid the policy".
In April 2003, the Society of Lloyd’s commenced arbitration proceedings with six insurers for recovery of the sums claimed under a five year insurance contract to support the New Central Fund. TheOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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