Libby McKane

Associate

Cambridge
+(44)(0)1223 222465
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How long can insurers take to pay a claim?

Quadra Commodities S.A. v. XL Insurance & Co [2022] EWHC 431 (Comm) is the first reported case to consider insurers’ liability to pay damages for late payment of indemnity, under Section 13A of the Insurance Act 2015. The decision is relevant to all insurers and reinsurers.

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