Axis Fights Royal & Sun's £6M Cladding Coverage Suit

Law360, London (July 15, 2021, 4:45 PM BST) -- Insurer Axis has fought back against a £6 million ($8.3 million) lawsuit from Royal & Sun Alliance, saying that it is not liable to indemnify RSA for money it paid to building owners when chunks of cladding fell off a tower block.

Axis Specialty Europe SE told the High Court in a June 29 defense, which has just been made public, that it should not have to cover RSA for £6 million in damages it handed to G&J Seddon Ltd., the construction company responsible for a tower block in greater Manchester. Seddon and RSA are both suing Axis to recover the money....

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