Insurance

Reinsurance contract

UnipolSai Assicurazioni SpA v Covéa Insurance plc

  • Court of Appeal (Civil Division)
  • 30 September 2024
  • Sir Julian Flaux (C), Newey and Popplewell LJJ
  • [2024] EWCA Civ 1110
  • [2024] PLSCS 175
Insurance – Reinsurance contract – Construction – Respondent insurer providing business interruption cover for losses caused by peril other than physical damage – Appellant providing reinsurance contract including “hours clause” limiting indemnity to losses arising from “catastrophe” within set period –
Case summary