On 26th August 2025, Partner Patrick Mead presented in Singapore at the Lloyd’s Academy. With over 50 insurance industry professionals including underwriters, brokers and risk professionals in attendance, this Lunch & Learn session focused on Developments in First Party Insurance and Liability Policies triggered by Property Damage.
The presentation covered:
- Defining Damage & Physical Damage: Key landmark cases including SCB v Lexington Insurance Co (2023), Archer Western – De Moya JV v Ace American Insurance Co (2024), Fairview Architectural (2025), Capral (2025), and Sky UK v Riverstone Managing Agency (2024).
- Deductibles & Excesses: How deductibles aggregate based on the term “event,” with insights from Sky UK v Riverstone Managing Agency and practical loss scenarios.
- Insurers’ Obligations for Claims Outside Period of Cover: Exploring insurer duties through cases like Baralaba (Australia) and Sky UK (England and Wales Court of Appeal).
- “Solely and Directly” & “Permanent Loss”: Clarifying these critical terms in Contractors Plant and Property Policies with reference to FCA v Arch Insurance (UK) and Mobis Parts Australia.
As part of our Construction, Projects & Infrastructure team, this presentation is one of many and if you would like to learn more about this topic, Patrick’s articles can be found here.
If you would like further information about this presentation, email [email protected].
