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On August 6, 2020, the Ninth Arbitration Court of Appeal upheld the ruling of the Moscow Arbitration Court, obliging a large Russian Insurer to pay insurance indemnity in the amount of more than 70 million rubles under the insurance policy of the business risk in favor of the Insured (the Principal of KIAP, Attorneys at Law). The dispute arose in connection with the untimely settlement by...
 1163 12 August 2020 Insurance
On March 5, 2020 the Moscow Arbitration Court ruled in favor of Insured (Principal of KIAP, Attorneys at Law) in a dispute with a major Russian insurer regarding the recovery under the insurance policy of the business risk. The scheduled racing show based on the well-known movie franchise, organized in Russia by KIAP’s Principal, did not take place due to the bankruptcy of a foreign count...
 1416 31 March 2020 Insurance
The dispute between two major participants of the Russian insurance market (parties of the contract of optional reinsurance) arose in connection with the improper performance by the Reinsurer of its obligations to pay reinsurance indemnity. The reinsurer, who made the insurance payment under the original commodity producer liability insurance contract, did not receive a proportional compensatio...
 1023 16 April 2019 Insurance
On May 23, 2017 Arbitration Court of Moscow Region (cassation court) decided to leave in force the decisions of the Moscow Arbitration Court and Ninth Arbitration Court of Appeal, according to which foreign reinsurers’ claim to the Russian insurance company - AB KIAP’s principal - was denied in full. This case was the last one in a number of disputes under reinsurance...
 1921 13 July 2017 Insurance
On May, 23, 2017 Arbitration Court of Moscow Region (cassation court) decided to leave in force the decision of the Ninth Arbitration Court of Appeal, according to which foreign reinsurers’ claim to the Russian insurance company - AB KIAP’s principal  - was denied in full. The main difficulty of this dispute was the different interpretation of the conditions of the reinsurance ...
 1862 2 June 2017 Insurance
On March 14, 2017, the Ninth Arbitration Court of Appeal has considered the appeal of a number of foreign reinsurers against decision of the Moscow Arbitration Court, according to which claim to the Russian insurance company - AB KIAP’s principal  - on the return of unjust enrichment at the total amount of about was denied in full. Upon review of the appeal, decision of the first instance ...
 1906 28 March 2017 Insurance
On February 6, 2017, the Ninth Arbitration Court of Appeal has considered the appeal of the Russian insurance company - AB KIAP’s principal – against decision of the Moscow Arbitration Court, according to which claim of a number of foreign reinsurers on the return of unjust enrichment at the total amount of about US $ 4 million were satisfied. Upon review of the appeal, decision of the firs...
 1822 8 February 2017 Insurance
On January 10, 2016 the decision of the Arbitration Court of Moscow, according to which   Principal’s claim to the insurance company for the sum of more than 150 mln. rubles were satisfied, was entered into force.   The cause of the dispute was the failure by the insurer of its obligations under the contract of insurance of trade (commercial) loans, under which the in...
 1811 17 January 2017 Insurance
The dispute arose in connection with the refusal by thirty foreign reinsurers, some of them members of Lloyd's, to pay out a reinsurance claim from the Russian insurance company Capital Insurance for the loss of the aircraft. The total amount of reinsurance money sought originally was over 32 mln US dollars; some time into the litigation, however, a number of reinsurers paid up as re...
 1978 27 September 2016 Insurance
The dispute arose in connection with the refusal by thirty foreign reinsurers, some of them members of Lloyd's, to pay out a reinsurance claim from the Russian insurance company Capital Insurance for the loss of the aircraft. The total amount of reinsurance money sought originally was over 32 mln US dollars; some time into the litigation, however, a number of reinsurers paid up as req...
 1900 28 March 2016 Insurance
On February 19, 2016, Judicial Chamber for Economic Disputes of the Supreme Court of the Russian Federation revoked court rulings by inferior courts that had granted judgement on previous claims in favor of a number of foreign reinsurers and ordered the KIAP’s Client, i.e. Capital Insurance OAO, Russia, to repay over 4 million U.S. dollars provided under a protection and indemnity re...
 1880 19 February 2016 Insurance