Limit (No.3) v PDV Insurance Co

Siobán Healy QC

[2005] Lloyd’s Rep. IR 552

Sioban Healy acted for Respondent reinsurer applying to stay proceedings for negative declaratory relief on grounds of forum non conveniens.

Reinsurance – Conflict of laws – Direct risk and reinsurance written in Venezuela and retroceded into London – Application by retrocessionaires for declaration of non-liability – Retrocession containing disputes clause – Whether clause conferring jurisdiction on the English courts – Whether action more conveniently heard in England or Venezuela.

Date added: April 19th, 2004

Area of Expertise

Insurance & reinsurance
Jurisdiction / conflicts of law