HIH CASUALTY AND GENERAL INSURANCE LTD v NEW HAMPSHIRE INSURANCE CO INDEPENDENT INSURANCE COMPANY LTD AXA REASSURANCE SA

[2001] Lloyd's Rep IR 224

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice David Steel

Reinsurance - Direct insurance covering film finance - Whether direct insurance containing warranty as to number of films to be made - Whether warranty incorporated into reinsurance - Waiver of misrepresentation and non-disclosure in direct policy - Whether waiver incorporated into reinsurance - Whether waiver extended to breach of warranty.