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LLR: Insurance & Reinsurance

FOLGATE LONDON MARKET LTD v CHAUCER INSURANCE PLC

[2011] Lloyd's Rep. IR 623

COURT OF APPEAL

Before Lord Justice Sedley, Lord Justice Rimer and Lord Justice Sullivan

Insurance (motor) — Settlement agreement between assured and broker — Broker’s liability to terminate in the event of the assured’s insolvency — Validity of termination clause — Non-deprivation principle.

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