Providing analysis and interpretation on the construction of the Bermuda Form this book also addresses the dispute resolution process and covers the legal and practical issues which arise in the international arbitration of large and complex disputes under it.
Since the Bermuda Form was developed in response to the collapse of the US excess liability insurance market it has become an industry standard on which such insurance is written. Bermuda Form arbitrations have since been conducted in London or Bermuda over a period of more than 20 years and represent hugely detailed, complex, lengthy and expensive pieces of litigation. This book is a valuable guide even for experienced practitioners in this difficult area of the law, adding significantly to
the nascent body of information on the analysis, interpretation and construction of the Bermuda Form. This new publication will, without doubt, be universally welcomed by all those who regularly deal with the Bermuda Form policy and issues arising out of it, be they policyholders, insurers, brokers, lawyers or academics...the authors...are able, with their combined expertise, to adopt a necessary and yet seamlessly transatlantic approach to their analysis. The book is well structured and comprehensive, and goes beyond the usual parameters to include, for example, a
useful chapter on the use of the form for reinsurance...This book will provide a most valuable additional tool to all those who work in this field. * Susannah Wakefield, TaylorWessing * iThe Bermuda Formr is a tour de force on the interaction of English procedural law and New York substantive law. The clause-by-clause in-depth analysis of the various terms of iThe Bermuda Formr is excellent. * Rob Merkin, Journal of Business Law *
PART I: THE BERMUDA MARKET AND FORM; PART II: THE BERMUDA FORM IN DETAIL; PART III: DISPUTE RESOLUTION UNDER THE BERMUDA FORM; APPENDICES