Insurers’ right to reimbursement of advanced Defence CostsDecember 2017
The High Court’s decision in Oldham v QBE Insurance (Europe) Ltd provides mixed news for Insurers. The judgement confirms that (i) Insurers have the right to reimbursement of previously advanced defence costs where ultimately no coverage is found despite there being no express right to to reimbursement in the policy but (ii) that the the trigger requiring the advancement of defence cost is easy for the Insured to pull.
Stephen Reilly and Amelia Hamilton discuss this case further and the impact of this High Court ruling.
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