Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

THE BEDFORD INSURANCE CO. LTD. v. INSTITUTIO DE RESSAGUROS DO BRASIL AND OTHERS

[1984] 1 Lloyd's Rep. 210

QUEEN'S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Parker

Reinsurance - Illegality - Ratification - Whether original contracts made without plaintiffs' ostensible authority - Whether contracts validly ratified - Whether plaintiffs had insurable interest on which to recover reinsurance - Whether contracts illegal by virtue of Insurance Companies Act, 1974 and 1981.

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