Take coverrrrrr!

Summer woes and one's mind may turn to the gentle art of hedge fund litigating. Andrew Symons, partner in the insurance and reinsurance practice at London law firm CMS Cameron McKenna, lays out the options for getting insurance cover

The fall-out from this summer's collapse of the US sub-prime mortgage market is unlikely to be restricted to the world's stock markets - the insurance sector could also see capacity withdrawn, prices rise and claims from investors for negligence, civil liabilities and possibly even fraud over the coming years.

We've seen it all before. In the early 2000s, the collapse of US giants Enron, WorldCom and Global Crossing (to name but a few) led to a surge of claims against the financial institutions

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