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Insurance & Reinsurance


Insurance Set of the Year

Chambers Bar Awards 2016

7KBW is a leading insurance and reinsurance chambers, comprising an enviable array of barristers who have significant practices in this area of law.

7KBW has won Chambers and Partners Insurance Set of the Year for nine of the past eleven years.  We are top-ranked in all the other major directories.

Virtually all members of 7KBW have formidable experience in insurance and reinsurance.  Many have been involved in cases that are at the cutting edge of developments in insurance law, and some have also been heavily involved in recent statutory amendments to the law.  Members act for insureds and insurers, and for reinsureds and reinsurers, both in the Lloyds’ and companies’ markets and worldwide. Senior members regularly act in arbitrations, both in England and overseas, and both as counsel and as arbitrators in ICC, LCIA and other arbitrations.

Our expertise

The members of 7KBW practise in all areas of insurance law, including the following areas amongst others:

  • Aviation
  • Avoidance disputes
  • Bankers’ blanket bond
  • Bermuda Form
  • D&O
  • Business interruption
  • Contractors’ all risk insurance
  • Investment risk
  • Marine
  • Negligence (brokers and advisers)
  • Political risk
  • Professional indemnity
  • Reinsurance
  • War

Expertise in reinsurance covers all types of facultative and treaty, proportional and excess of loss re-insurance.  Members have been involved in most of the high-profile insurance and reinsurance market disputes over the last decades, including cases arising out of:

  • The September 11th terrorist attacks
  • 2011 floods in Thailand
  • LMX spiral and contingency claims
  • Piracy in the Indian Ocean and elsewhere

Leading Cases

  • AIG Europe Ltd -&- OC32030 LLP & Ors  
  • Teal Assurance -&- Berkley (liability insurance: time of ascertainment of liability)
  • The “Galatea” (marine insurance: overvaluation and non-disclosure)
  • Rathbone -&- Novae (excess professional indemnity policy)
  • The “B Atlantic” (war risks insurance)
  • Ocean Victory (subrogation)
  • The Federal Mogul Asbestos Personal Injury Trust
  • The “Suez Fortune”
  • Astrazeneca -&- XL (Bermuda Form)
  • Was v Lexington (back to back reinsurance)

 

“There’s no better chambers when it comes to dealing with extremely
high-value insurance coverage matters”

(Chambers & Partners 2015)

“A go to chambers for the largest and most complex insurance cases, which operates at a much higher level than the majority of other sets in the market. There is no better chambers when it comes to dealing with extremely high-value insurance coverage matters”
(The Legal 500 2014)

 

Latest Insurance & Reinsurance News

AIG Europe Limited v Woodman

The Supreme Court has given judgment in AIG Europe Limited v Woodman [2017] UKSC 18, in an expedited appeal from the Court of Appeal [2016] EWCA Civ 367.  The judgment concerns the true construction of the aggregation provision contained in clause 2.5 of the Minimum Terms and Conditions (“MTC”) annexed to the Solicitors Indemnity Insurance […]

March 22, 2017

Pemberton Greenish LLP and Jane Margaret Henry

[2017] EWHC 246 (QB) Harry Wright acted for the successful Defendant, a solicitor sued by her former law firm for alleged breaches of duty arising in the context of a mortgage transaction in which the borrowers turned out to be fraudsters. The Claimant suffered loss in settling with the mortgage lender, and having been indemnified […]

February 16, 2017

WR Berkley Insurance (Europe) Limited & Another v Teal Assurance Company Limited

[2017] EWCA Civ 25 On 25 January 2017, the Court of Appeal upheld Eder J’s ruling that a payment of money into escrow was not an insured loss under a programme of liability insurance. The payment was not an ascertainment of liability for the purpose of the rule in Post Office v. Norwich Union and […]

January 25, 2017

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