MEDICAL ASSURANCE SOCIETY NEW ZEALAND LTD v EAST AND OTHERS
[2016] Lloyd's Rep. IR 118
NEW ZEALAND COURT OF APPEAL
Before Justice Harrison,Justice Keane,Justice Wylie
Insurance (building) – Whether obligation of insurers to “cover the cost” of reinstatement required the assured to incur liability to pay for such costs as a condition of recovery – Measure of indemnity – Meaning of “as new”.