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English And American Insurance Co Ltd –v- Axa Re SA

20th Dec 2006

[2007] Lloyd’s Rep IR 359

Richard Southern Q.C. and Stephen Phillips – Reinsurance – Reinsured entering into agreement with assured to pay proportion of claims – Agreement based on terms of market agreement not involving the reinsured – Without prejudice privilege – Whether offers by reinsurers to settle were admissible in evidence – Whether settlement reached by reinsured – Whether reinsurers bound to follow settlement under follow the settlements clause.

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