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LLR: Insurance & Reinsurance

UNIVERSITIES SUPERANNUATION SCHEME LTD v ROYAL INSURANCE (UK) LTD

[2000] Lloyd's Rep IR 524

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Langley

Insurance (fidelity guarantee policy) - Limitation of actions - Limitation Act 1980, section 5 - Policy covering fraudulent acts if discovered within twenty-four months - Whether limitation period arose on occurrence of fraudulent act or on discovery - Policy also giving cover for fraudulent acts under superseded policies - Date of accrual of cause of action.

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