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Posted on 15 February 2012 by Conybeare Solicitors

After The Event (ATE) Insurance

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The Senior Courts Costs Office has held that an after the event (ATE) insurance premium of more than £9 million was recoverable in full from the defendants in the Trafigura litigation. The decision establishes that the principles governing the recoverability of ATE premiums apply regardless of the sums involved.

This checklist explains what after the event (ATE) insurance is and highlights its main advantages and disadvantages for your business.