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Key definition
Reinsurance definition

What does Reinsurance mean? Reinsurance is the transfer by an insurer (the cedant) of part of its insurance risk to another insurer (the reinsurer) under a separate contract, to manage exposure, protect capital and satisfy prudential requirements. While regulatory definitions exist (for example under Solvency II and UK financial services legislation), the term is chiefly a contractual and market expression developed through practice and case law. Key structures include: - Proportional reinsurance (such as quota share or surplus), where premiums, losses and expenses are shared at an agreed percentage. - Non‑proportional reinsurance (such as excess of loss or stop loss), which responds once the cedant’s retention/attachment point...

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Archived 2022 Insurance and Reinsurance Case Law Tracker: key decisions on business interruption, arbitration, jurisdiction, PPI, aggregation, subrogation, limitation and insurance business transfer schemes

Practice notes
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Insurance & reinsurance case tracker—2022 [Archived]

ARCHIVED: This Practice Note is archived and not kept up to date. This tracker covers insurance and reinsurance court cases and rulings. It shows the status of matters reported since January 2022, including forthcoming appeals, with fortnightly updates.

Abbreviations

  • European Court of Justice/Court of Justice of the European Union—ECJ
  • Supreme Court—SC
  • Court of Appeal—CA
  • High Court—HC
  • King's Bench Division—KB
  • Technology and Construction Court—TCC

For previous years, see:

  • Insurance & Reinsurance case tracker—2021 [Archived]
  • Insurance & Reinsurance case tracker—2020 [Archived]
  • Insurance & Reinsurance case tracker—2019 [Archived]

Decided cases 2022

December

  • Court: KB
  • Case name: Dassault Aviation SA v Mitsui Sumitomo Insurance Co Ltd [2022] EWHC 3287 (Comm)
  • Subject: Subrogation and non-assignment clauses
  • Details: The English Commercial Court held that a non-assignment clause in an English aircraft sale contract prevented the insurer from exercising a power of subrogation under Japanese law. The ruling may come as a surprise to insurers and insureds, and it raises intricate questions about the nature of the doctrine of subrogation...
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Web page updated on 21/05/2026

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