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CIMIC Group Limited v AIG Group Limited [2022] NSWSC 999 — Liability Insurance — Barrister AI

CIMIC Group Limited v AIG Group Limited

[2022] NSWSC 999

Supreme Court of NSW

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Catchwords

1. Insurance
2. › Liability insurance
3. › Directors and Officers
4. › Claim for indemnity and declaratory relief against two consecutive insurance towers
5. › Claim for declaratory relief sought in the alternative against later insurance tower
6. › Costs incurred by insured for securities litigation, investigations and a settlement arising from a file note
7. › Whether costs caught under policy
8. › Whether settlement reasonable
9. › Retention
10. › Statutory interest
1. Insurance
2. › Insurance Contracts Act 1984 (Cth)
3. › Duty of disclosure
4. › Non-disclosure and misrepresentation
5. › Construction of insurance policy
6. › Whether parties contracted out of statutory remedies
7. › Whether continuity clause allowed a claim against the later insurance tower
8. › Relationship between liability limits in policies
9. › Whether but for relevant failure insurer would have entered into contract
10. › Whether cover should be reduced to nil
1. Insurance
2. › Cross-claim in relation to one insurance policy
3. › Contract
4. › Formation
5. › Rectification
6. › Intention
7. › Common intention
8. › Signed placing slips
1. Insurance
2. › Cross-claim by one insurer against two other insurers
3. › Equitable contribution
4. › Double insurance
5. › Coordinate liabilities
6. › Proper measure of contribution

Case Details

Citation[2022] NSWSC 999

CourtNSWSC

JurisdictionNew South Wales

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2021All Class Insurance Brokers Pty Ltd (in liquidation) v Chubb Insurance Australia Limited (No 2)FCA 782
2021P & S Kauter Investments Pty Ltd v Arch Underwriting at Lloyds LtdNSWCA 136
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