ASSICURAZIONI GENERALI SPA v ARAB INSURANCE GROUP (BSC)

[2003] Lloyd's Rep IR 131

COURT OF APPEAL

Before Lord Justice Ward Lord Justice Clarke and Sir Christopher Staughton

Reinsurance - Date on which contract was made - Effect of slips being signed and stamped - Retention - Misrepresentation - Whether misleading statements made as to participation of other parties - Whether statements material - Whether statements corrected - Meaning of inducement - Whether reserving policy unusual or imprudent - Procedure - Role of Court of Appeal in reviewing evidence put to trial judge.