Excess reinsurances and the applicable jurisdiction regime
The United Kingdom High Court in the judgment of 13 April 2021 granted the excess reinsurer’s UK interim anti-suit injunction in respect of the insurer/defendants’ claims in South Africa under the excess reinsurance agreements. Those claims in the English courts to the exclusion of the South African courts will represent the bulk of the defendants’ claims for an indemnity. The order does not apply to claims in South Africa under the primary reinsurances. It was…