Teal Assurance v WR Berkley and Aspen

JurisdictionEngland & Wales
CourtCourt of Appeal (Civil Division)
JudgeLord Justice Longmore,Lord Justice Tomlinson,Sir Robin Jacob
Judgment Date15 December 2011
Neutral Citation[2011] EWCA Civ 1570
Docket NumberCase No: A3/2011/0365
Date15 December 2011

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3 cases
  • Teal Assurance Company Ltd v W.R Berkley Insurance (Europe) Ltd and Another
    • United Kingdom
    • Supreme Court
    • 2 September 2013
    ...16) as the commercial common sense of the top and drop policy, citing Rainy Sky SA v Kookmin Bank [2011] UKSC 50, [2011] 1 WLR 2900[2011] EWCA Civ 1570 Lord Neuberger, President Lord Mance Lord Clarke Lord Sumption Lord Toulson Teal Assurance Company Limited (Appellant) and W R Berkley In......
  • WR Berkley Insurance (Europe) Ltd and Another (Appellants/ Defendants) v Teal Assurance Company Ltd (Respondent/ Claimant)
    • United Kingdom
    • Court of Appeal (Civil Division)
    • 25 January 2017
    ...to the order and timing of the establishment and ascertainment of the original insured's liability – see [2011] EWHC 91 (Comm), [2011] EWCA Civ 1570 and [2013] UKSC 57. That conclusion is hardly novel. It gives effect to the decision of the Court of Appeal in Post Office v Norwich Union Fi......
  • Teal Assurance Company Ltd v WR Berkley Insurance Europe Ltd and Another
    • United Kingdom
    • Queen's Bench Division (Commercial Court)
    • 23 April 2015
    ...to an indemnity under its professional indemnity insurance programme in respect of the sum of US$13,460,531 as and when ASPCL[2011] EWCA Civ 1570; and the Supreme Court: see [2013] UKSC 18 In light of those judgments, Teal revised its case. As already noted, the Schedule sets out BVC's expe......
2 firm's commentaries
  • Insurance: Allocation Of Losses
    • United Kingdom
    • Mondaq United Kingdom
    • 1 February 2012
    ...of the parties". Further reading: Teal Assurance Company Ltd v WR Berkley Insurance (Europe) Limited and Aspen Insurance UK Limited [2011] EWCA Civ 1570 This article was written for Law-Now, CMS Cameron McKenna's free online information service. To register for Law-Now, please go to Law-Now......
  • Issues in Reinsurance 2011
    • Australia
    • Mondaq Australia
    • 29 February 2012
    ...England and Wales Court of Appeal delivered its decision in Teal Assurance Company Ltd v WR Berkley (Europe) Insurance Ltd & Anor [2011] EWCA CIV 1570. The case related to the allocation of liability claims against a "tower" of underlying insurance policies and an excess "top and drop" ......
1 books & journal articles