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LLR: Insurance & Reinsurance

HEATH LAMBERT LTD v SOCIEDAD DE CORRETAJE DE SEGUROS (NO 2)

[2006] Lloyd's Rep IR 797

QUEEN’S BENCH DIVISION (COMMERICAL COURT)

Before His Honour Judge Mackie QC

Reinsurance (marine) - Placing broker paying premium on marine reinsurance policy - Placing broker not indemnified by producing broker or reinsured - Whether placing broker had lien over proceeds of claim to satisfy outstanding premium - Marine Insurance Act 1906, section 53.

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