Posts Tagged ‘Extra Contractual Obligation Exclusion Clause’

Extra Contractual Obligation Exclusion Clause

All cover in respect of extra-contractual obligations howsoever arising, such extra-contractual obligations being defined as any award made by a court of competent jurisdiction against an insurer or reinsurer, which award is not within the coverage granted by any insurance and/or reinsurance contract made between the parties in dispute, unless such extra-contractual obligation is incurred as a result of the Reinsured`s ... Full story
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