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LLR: Insurance & Reinsurance

ICAROM PLC V PEEK PUCKLE (INTERNATIONAL) LTD

(1993) 2 Re LR 83

Queen’s Bench Division Commercial CourtBefore Mr Justice Webster Dates of hearing: January 13, 14, 15, 16, 1992Date of judgment (reserved): February 11, 1992

Before District Judge Conboy

Broker - Instructions - Evidence - Facultative reinsurance of business interruption cover - Conflict of evidence between reinsured and broker placing reinsurance - Original insurance effective November 1, 1981 - Reinsurance cover arranged by broker on January 22, 1982 - Occurrence on January 19, 1982, leading to total loss claim on original insurance - Allegation by reinsured that broker was instructed to effect binding reinsurance on January 19 - Burden of proof.

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