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CONTRACT: Pride, prejudice and aggregation

03 June 2016  

David Niven and Elisabeth Mason explore a recent judgment on aggregation

The Court of Appeal has ruled on the proper construction of the aggregation clause in the Solicitors’ Regulation Authority’s (SRA’s) ‘Minimum Terms and Conditions of Professional Indemnity Insurance’ (the MTC).

 

Additional Info

  • Case(s) Referenced:

    AIG Europe Ltd v OC320301 LLP & ors [2015] EWHC 2398 (Comm); [2016] EWCA Civ 367

    AXA Reinsurance (UK) plc v Field [1996] 3 All ER 517

    Lloyds TSB General Insurance Holdings & ors v Lloyds Bank Group Insurance Company Ltd [2003] UKHL 48

    Municipal Mutual Insurance Ltd v Sea Insurance Company Ltd & ors [1998] EWCA Civ 546