In 2005, Hurricanes Rita and Katrina battered the City of New Orleans. In 2011, widespread flooding devastated vast areas of the Kingdom of Thailand. In 2020, Covid-19 introduced a worldwide pandemic to much of the globe. In the insurance industry, what’s the connection and why is it so important to join the dots, whether you are an Insurer or Coverholder?
Articles
Interpretation of Contracts under English and Singapore Law
One issue that frequently arises in international commercial disputes is the interpretation of contract terms. In the context of that dispute, what are the rules of interpretation and what evidence may be submitted in support of one party’s interpretation as against that of the counter party?
Limitation Periods for Construction Claims – Key Pointers for Contractors when Dealing with Claims for Defective Works
Most construction contracts provide for a ‘defects liability period’, during which contractors are obliged to make good any defects in the construction works. Can contractors be liable for defects after this period?
Sharpe & Jagger Receives Prestigious Insurance Law Firm Awards
Sharpe & Jagger LLC, and founding partner Justyn Jagger, have received the prestigious 5-Star Insurance Law Firms and Lawyers Awards 2021, presented by Insurance Business Magazine.
Termination of Employment – When are Restrictive Covenants Enforceable?
It is not uncommon for employees to find themselves subject to restrictive covenants, which are clauses that limit employees’ freedom to conduct business following their employment. These clauses may be found in employment contracts executed prior to the employment, as well as separate contracts executed at the conclusion of the employment.
Sompo Insurance Singapore Pte Ltd v Royal & Sun Alliance Insurance Plc [2021] SGHC 152 – Do Subrogation Rights Extend to Performance Bonds?
In Sompo Insurance Singapore Pte Ltd v Royal & Sun Alliance Insurance Plc [2021] SGHC 152, the Singapore High Court decided that subrogation rights extend to calling upon performance bonds provided to the insured by a third party. We discuss the decision below.
CBS v CBP [2021] SGCA 4 – Is There a Right for Witnesses to be Heard in Arbitration Proceedings?
In this briefing note, we will look at the CBS v CBP judgment and share our insights on the right of witnesses to be heard in arbitration proceedings.
Third-Party Funding Framework in Singapore Extended to Arbitrations, SICC Proceedings and Certain Litigation and Mediation Proceedings
In this briefing note, we discuss how the extensions to the third-party funding framework in Singapore will benefit both local and foreign claimants.
“Do you know what I mean?” – Principles governing the interpretation of insurance policies.
Insurance policies are commercial contracts. Generally, upon payment of a premium, the Insurer promises to indemnify the Assured for loss resulting from an insured peril, subject to the terms and conditions of the policy.
A Simple Claim, A Complex Defence, A Salutary Lesson – ABN Amro Bank N.V. v Royal & Sun Alliance Insurance plc and Others [2021] EWHC 442 (Comm)
The case of ABN Amro Bank N.V. v Royal & Sun Alliance Insurance plc and Others is a fascinating read on a number of levels. It has to be because the judgment runs to 260 pages. But it is compelling reading because it highlights the way in which contested claims can arise and the defences that Insurers may raise to avoid the obligation to indemnify their customers.
