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LLR: Insurance & Reinsurance

TOWER INSURANCE LTD v SKYWARD AVIATION 2008 LTD

[2015] Lloyd's Rep. IR 283

SUPREME COURT OF NEW ZEALAND

Before Justice McGrath,Justice William Young,Justice Glazebrook,Justice Arnold,Justice O'Regan

Insurance (property) – Total loss – Measure of indemnity – Whether choice as to measure of indemnity was that of insurers or that of assured – Measure of indemnity where another house was purchased.

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