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High Court of England and Wales: ‘Seizure’ exclusion bars cover for Taliban warehouse capture; not limited to acts of state; reinsurers not liable for US$41m

Published on: 13 June 2024

Published by a Law360 reporter
Legal News
Article summary

High Court judge Neil Calver ruled Hamilton Corporate Member Ltd, along with other reinsurers, owed no payment to Anham because, whether or not the premises were taken 'by reason of a governing authority', an exclusion ultimately applied. He said the term 'seizure' in the reinsurance clause bears its plain, ordinary and natural meaning and is not confined to measures by a lawful government or sovereign power. In 2021, after US forces left Afghanistan, the Taliban swept across the country. They took control of the warehouse in August that year, and Anham sought to be indemnified for that loss, the judgment records. The reinsurers contended they were not responsible for the warehouse, as the circumstances, in their view, fell outside the scope of the reinsurance under the policy wording. An exclusion clause of...

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