KING v BRANDYWINE REINSURANCE CO

[2005] Lloyd's Rep IR 509

COURT OF APPEAL

Before Lord Justice Waller, Lord Justice Rix and Sir Martin Nourse

Reinsurance - General Corporate Excess policy by Exxon and affiliates - Oil pollution following grounding of Exxon Valdez - Assureds incurring clean-up costs and liability - Settlement of claims by insurers - Whether insurers proving liability at law - Law applicable to GCE policy - Effect of arbitration and service of suit clauses - Whether oil spill amounted to “debris” - Effect of “notwithstanding” clause.