LLR: Insurance & Reinsurance

John Lockey KC and Professor Robert Merkin KC

Document

SVENSKA HANDELSBANKEN AB v DANDRIDGE

[2003] Lloyd's Rep IR 10

COURT OF APPEAL

Before Lord Phillips MR, Lord Justice Potter and Lady Justice Arden

Insurance (marine, war risks) - Mortgagees’ Interest Insurance - MII policy attaching where claim fell within terms of owners War Risks insurance - Vessel seized for illegal fishing - Whether loss excluded from War Risks policy by reason of contravention of trading regulations - Whether vessel lost by seizure or by failure of owners to provide security - Whether sum demanded for release of vessel exceeded actual value of vessel - Marine Insurance Act 1906, sections 27(4) and 60(1) - Institute War Clauses, Clause 4.1.6, 19.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, click Log In button.