AIG PI aggregation case sent for re-trial

The UK Court of Appeal has sent a landmark professional
indemnity (PI) case involving American International Group (AIG)
back to the Commercial Court for re-trial.AIG had appealed a previous decision made by the Commercial
Court in August last year, which ruled that the insurer was unable
to minimise its exposure to a potential £11mn ($16mn) PI claim
to £3mn.In a judgment made last week (14 April), three Court of Appeal
judges ruled that the previous decision by Mr...