Product Bermuda insurance
higher form covers liabilities disasters such as explosions or serious mass tort litigation. It is “an event reported policy developed in 1980 by two insurance companies in Bermuda, ACE and XL, and it is now widely used by other insurance companies as well. It contains a clause requiring that disputes be governed by procedural rules in English in London but subject to very rare in New York substantive law. … This requires more>>
Liability Insurance in International Arbitration: The Bermuda Form