Articles
A Reinsurer’s Debt
Authors: Timothy PriceIn New Cap Reinsurance Corporation Limited (in liq) v AE Grant & Ors, the NSW Supreme Court considers the question of when a ‘debt’ arises under a contract of reinsurance. The judgment arguably represents a departure from established authority.
Significant cases, legislation or articles referred to
- New Cap Reinsurance Corporation Limited (in liq) v AE Grant & Ors [2008] NSWSC 1015
- Odyssey Re (Bermuda) v Reinsurance Australia [2001] NSWSC 266
- Edmunds v Lloyd Italico e L’Ancora Cia di Assicurazioni e Riassicurazioni SpA [1986] 2 All ER 249
- Hill v Mercantile & General Reinsurance Company Plc Plc [1996] 1 WLR 1239)
- Penrith City Council v GIO [1991] 24 NSWLR 566
- Section 459G of the Corporations Law
- Section 459G of the Corporations Act 2001
- Section 95A of the Corporations Act 2001 (Cth)
- Box Valley Pty Ltd v Kidd [2006] NSWCA 26; (2006) 24 ACLC 471
- Prudential Standard GPS 114 Capital Adequacy: Investment Risk Charge
- Prudential Standard GPS 230 Reinsurance Management