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LLR: Insurance & Reinsurance

ING RE (UK) LTD v R&V VERSICHERUNG AG

[2006] Lloyd's Rep IR 653

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Toulson

Reinsurance - Underwriting agent - Quota share reinsurance treaty entered into by underwriting agent on behalf of reinsurers - Agent having no actual authority to enter treaty - Whether agent had ostensible authority - Whether reinsurers ratified treaty.

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