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LLR: Insurance & Reinsurance

CRONOS GROUP INC v ASSICURAZIONI GENERALI SPA

[2024] Lloyd's Rep. IR 9

ONTARIO COURT OF APPEAL

Before Associate Chief Justice of Ontario Fairburn,Justice of Appeal Brown,Justice of Appeal Sossin

Insurance (liability – directors and officers) – Primary and Excess Layers – Excess Layer containing “follow the form” provision – Whether option to extend discovery period in Primary Policy applied to Excess Policy – Calculation of premium for Excess Policy extension.

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