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Vol 22 No 11 Nov/Dec 2017

Book of the Month

Cover of The Law of Contract Damages

The Law of Contract Damages

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The Bermuda Form: Interpretation and Dispute Resolution of Excess Liability Insurance

ISBN13: 9780199583614
New Edition ISBN: 9780198754404
Published: October 2011
Publisher: Oxford University Press
Country of Publication: UK
Format: Hardback
Price: £180.00

In stock.

Providing analysis and interpretation on the construction of the Bermuda Form this book also addresses the dispute resolution process and covers the legal and practical issues which arise in the international arbitration of large and complex disputes under it.

Since the Bermuda Form was developed in response to the collapse of the US excess liability insurance market it has become an industry standard on which such insurance is written. Bermuda Form arbitrations have since been conducted in London or Bermuda over a period of more than 20 years and represent hugely detailed, complex, lengthy and expensive pieces of litigation.

This book is a valuable guide even for experienced practitioners in this difficult area of the law, adding significantly to the nascent body of information on the analysis, interpretation and construction of the Bermuda Form.

The book includes the full text of the Arbitration Act 1996 and the Bermuda Arbitration Act.

Insurance Law, Arbitration and Dispute Resolution
Part I: The Bermuda Market and Form
1: Introduction to the Bermuda Market
2: Introduction to the Bermuda Form
Part II: The Bermuda Form in Detail
3: Conflict of Law Issues: Substantive Issues vs Procedural Issues
4: Law of Construction and Interpretation Clause
5: The Coverage Clause
6: The Occurrence Reported Trigger
7: Occurrence Definition
8: Integration and Aggregation
9: Requirement of Notice of Claim
10: Attachment Point, Underlying Coverage and Limits of Liability
11: Exclusions from Coverage
12: Conditions under the Bermuda Form
13: Misrepresentation and Non-Disclosure
14: Waiver / Estoppel
15: Use of the Bermuda Form for Reinsurance
Part III: Dispute Resolution Under the Bermuda Form
16: Conflict of Law Issues
17: The Arbitration Agreement
18: Team Assembly
19: Commencement of the Arbitration
20: Pre-hearing Activities
21: Preparation for and Conduct of the Hearing
22: Awards
23: Challenges and Enforcement
24: The Arbitrators' Ethical Duties
I: Arbitration Act 1996
II: Bermuda Arbitration Act
III: New York Convention
IV: Policy Form Exemplar;