WACE v. PAN ATLANTIC GROUP INC. AND OTHERS
[1981] 2 Lloyd's Rep. 339
QUEEN'S BENCH DIVISION(COMMERCIAL COURT)
Before Mr. Justice Mocatta
Insurance (Professional Negligence) - Reinsurance - Whether defendants knew that plaintiffs were "fronting" - Whether plaintiff entitled to be indemnified by defendants in respect of claims in the lowest or retention layer - Calculation of annual aggregate deductible.