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Lloyd's Law Reports

ANGHELATOS v. NORTHERN ASSURANCE CO., LTD. LONDON JOINT CITY & MIDLAND BANK v. SAME.

(1923) 14 Ll.L.Rep. 361

KING'S BENCH DIVISION.

Before Mr. Justice Bailhache.

[The "Olympia."]

Insurance - Marine - Loss of Wrecked Steamer - Claim by Shipowner and Mortgagees-Defence of Wilful Casting Away not made out-Onus of Proof- Insurable Interest of Mortgagees - Warranties in Marine Policy as to Amount of Insurances on Hull, Machinery and Freight broken by Shipowner because of excessive War Risk Insurance (without Notice to Mortgagees) -Provision in Policy that Breach of such Warranty should not be Defence to Claim by Mortgagees who had accepted Policy without Notice of Breach -Mortgagees allowed to recover.

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