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Contents
- Preliminary Material
- Main Text
- Part I The Bermuda Market and Form
- 1 Introduction to the Bermuda Market
- 2 Introduction to the Bermuda Form
- Preliminary Material
- Introduction
- Occurrence First Reported Trigger and Continuous Policy
- Bifurcated Occurrence Definition/Time Element Pollution Exclusion
- High Per Occurrence Retention/Broader Principles of Loss Aggregation
- No Duty to Defend the Insured or Pay Sums on its Behalf
- Expectation and Experience of Rate or Level of Injury or Property Damage
- Designation of Law and Principles Governing Interpretation/Arbitration
- Arbitration
- Binders
- Part II The Bermuda Form in Detail
- 3 Conflict of Law Issues: Substantive Issues vs Procedural Issues
- Preliminary Material
- Introduction
- Express Choices of Law in the Bermuda Form
- Severability Principle
- Potential Applicable Laws
- Proper Law of the Contract
- Proper Law of the Underlying Claim
- Proper Law of the Conflict of Law Rules Applied to the Policy
- Proper Law of the Arbitration Agreement
- The Procedural Law
- The Curial Law
- Substance vs Procedure
- 4 Law of Construction and Interpretation Clause
- 5 The Coverage Clause
- Preliminary Material
- Introduction
- Persons and Entities Insured
- The Subject-Matter of the Coverage: Legal Liability
- Liability must be for Damages ‘on account of … ’ Personal Injury, Property Damage [or] Advertising Liability
- Temporal Requirement of Losses Within the Coverage Grant
- Notice as a Pre-Condition to Coverage
- 6 The Occurrence First Reported Trigger
- 7 Occurrence Definition
- 8 Integration and Aggregation
- 9 Requirement of Notice of Claim
- 10 Attachment Point, Underlying Coverage, Limits of Liability
- 11 Exclusions From Coverage
- Preliminary Material
- Introduction
- Interpretation of the Exclusions
- New York Principles of Construction
- New York Law on Burden of Proof
- The Exclusions
- Article IV.A: Prior to inception or retroactive coverage date
- Article IV.B: Workers’ compensation, etc.
- Article IV.C: Professional services
- Article IV.D: Owned property; care, custody and control, etc.
- Article IV.E: Efficacy, loss of use, etc.
- Article IV.F: Advertising
- Article IV.G: War
- Article IV.H: Toxic substances
- Article IV.I: Aircraft
- Article IV.J: Watercraft
- Article IV.K: Pollution
- Article IV.L: Nuclear
- Article IV.M: Radioactive contamination (outside the United States)
- Article IV.N: ERISA
- Article IV.O: Repetitive stress
- Article IV.P: Securities, antitrust, etc.
- 12 Conditions Under the Bermuda Form
- Preliminary Material
- Introduction
- Article VI.A: Premium
- Article VI.B: Inspection
- Article VI.C: Cross-Liability
- Article VI.D: Assistance and Cooperation
- Article VI.E: Appeal
- Article VI.F: Loss Payable
- Article VI.G: Representation
- Article VI.H: Other Insurance
- Article VI.I: Subrogation
- Article VI.J: Changes
- Article VI.K: Assignment
- Article VI.L: Cancellation
- Article VI.M: Currency
- Article VI.N: Arbitration and Article VI.O: Law of Construction and Interpretation
- Article VI.P: Liability of the Company
- Article VI.Q: Policy Extension
- Article VI.R: Reinstatement
- Article VI.S: Discovery Period
- Article VI.T: Former Subsidiaries, Affiliates and Associated Companies
- Article VI.U: Notice
- Article VI.V: Headings
- 13 Misrepresentation and Nondisclosure
- 14 Waiver/Estoppel
- 15 Use of the Bermuda Form for Reinsurance
- 3 Conflict of Law Issues: Substantive Issues vs Procedural Issues
- Part III Dispute Resolution Under the Bermuda Form
- 16 The Arbitration Agreement
- Preliminary Material
- Introduction
- Separability
- Kompetenz/Kompetenz
- The Law Governing the Arbitration Agreement
- Private Agreement of the Parties
- Support for the Private Agreement
- Enforcement of Arbitration Agreements
- International Recognition by Treaty and Convention
- Confidentiality in English Arbitration
- Obligation of Confidentiality as an Implied Term
- 17 Team Assembly
- 18 Commencement of the Arbitration
- 19 Pre-Hearing Activities
- Preliminary Material
- Introduction
- The Authority of the Arbitrators
- Powers under the Arbitration Act 1996
- Practical Early Steps
- Security for Costs
- Pleadings
- Directions—General Matters
- Document Disclosure—Form and Scope
- Documents and Evidence from Third Parties
- Privilege
- Foreign Law and Discretion
- Summary of English Law of Privilege
- Waiver and Loss of Privilege
- Common Interest Privilege
- 20 Preparation for and Conduct of the Hearing
- 21 Awards
- 22 Interest and Costs
- 23 Challenges and Enforcement
- Preliminary Material
- Introduction
- Challenges to the Award in England
- Available Venues and Limited Grounds for Challenge
- Challenges in the US Courts
- Enforcement Proceedings—The New York Convention
- Confidentiality
- Tension Between Necessity of Use of Award in Enforcement Proceedings and Confidentiality of Arbitration
- Enforcement of Specific Performance Award
- 24 The Arbitrators’ Ethical Duties
- Preliminary Material
- Introduction
- The Legal Basis on which Arbitrators are Appointed and Act
- Rights and Obligations of Arbitrators from UK and US Perspectives
- Recusal
- Ex Parte Communications
- Conflicts of Interest
- 16 The Arbitration Agreement
- Part I The Bermuda Market and Form
- Further Material