Assurance et réassurance
Flood risks: significant, frequent, and difficult to insure
Our global property team delivers specialist insurance experience worldwide. We advise clients on a range of property matters, from drafting policies or handling a regular flow of instructions for the Coverholder/ MGA markets through to advising on the largest and most complex international disputes for the London market and international insurers.
We have experience across a range of industries including, amongst others, agriculture, chemicals, education, food, leisure, local authority, pharmaceutical, rail and utilities. We work with our industry sector groups to provide the broadest range of expertise in the market.
We are well versed in the core property, business interruption and standard wordings in the market and give coverage advice on a range of issues. We undertake a range of liability work under public, products and employers liability policies provided by property insurers.
We regularly pursue subrogated recoveries against the owners of neighbouring premises, contractors, architects, surveyors and the manufacturers of defective products. We also often undertake fire spread and latent defect claims.
Our property team provides advice on fraud, particularly exaggerated claims and manufactured evidence, and on the suppression of defences.
Advising a panel of international reinsurers on their liabilities arising from strike and riot in a hydroelectric power plant in Brazil, with a stated claim of BRL 1.5 billion
Advising insurers in respect of a claim following disruption to supplies of electricity to the central grid in Colombia.
Advised insurers of a restaurant chain with more than 400 restaurants in Mexico on business interuption claims after a swine flu outbreak under denial of access and government authority clauses including aggregation issues
Advised insurers and successfully resolved USD 35 million coal mine business interruption claim losses
Advised insurers and successfully resolved USD 10 million builder's risk claim involving damage to power plant
Advising retrocessionaires on insurance coverage issues under a Contractor's All Risks Insurance Policy related to a fire incident
Advising insurers in relation to the destruction of one of the world's leading semiconductor fabrication plants following the Tohoku Japanese earthquake in March 2011.
Advising on property and business interruption claims arising from the Christchurch earthquake
Advising reinsurers on policy coverage and defences following major losses (USD 10 million) suffered under a PAR policy arising the explosion of a LPG tanker at a refinery in Kurdistan
Acting in relation to the subrogated recovery action arising from a fire at the Vallaggio mall in Doha involving the death of a number of individuals
Represented insurers in an LCIA arbitration concerning a chemical plant in Dubai
Advising insurers following damage to an electricity generator within the Ontario Nuclear Power Station. We are advising in the UK and Canada on all policy issues including subrogation issues against responsible sub-contractors.
Pursuing a subrogated recovery against the manufacturer of a defective plant following a GBP 20 million food fire claim