ARGO SYSTEMS FZE v LIBERTY INSURANCE (PTE) AND ANOTHER

[2011] Lloyd's Rep. IR 427

QUEEN’S BENCH DIVISION (LONDON MERCANTILE COURT)

Before His Honour Judge Mackie QC

Insurance (marine) — TOWCON excluding liability for damage to vessel — Policy containing warranty against holding towers harmless — Whether warranty broken — Whether insurers estopped from relying on breach of warranty — Misrepresentation — Whether insurers waived right to avoid — Whether insurers entitled to recover damages under Misrepresentation Act 1967, section 2(1).