NORTH STAR SHIPPING LTD v SPHERE DRAKE INSURANCE PLC
[2006] Lloyd's Rep Plus 63
COURT OF APPEAL
Before Lord Justice Waller, Lord Justice Longmore and Lord Justice Lloyd
Insurance (marine war risks) – Vessel destroyed by
explosive device – Misrepresentation and non-disclosure – Whether outstanding
criminal and civil proceedings a material fact – Whether impecuniosity
of assured a material fact – Whether overvaluation of vessel a material fact –
Marine Insurance Act 1906, section 18(2).