(Re)insurance Alert — Equitas Ltd and Another v Walsham Brothers & Co Ltd
In Equitas v Walsham Bros, the Commercial Court ruled on a number of key legal issues concerning the duties owed by Lloyd’s brokers to remit funds promptly to clients and reinsurers. Equitas is the successor to Lloyd’s syndicates writing non-life insurance business for the 1992 and all prior years of account. Equitas’s case was that […]