TOWER INSURANCE LTD v DOMENICO TRUSTEE LTD
[2016] Lloyd's Rep. IR 277
NEW ZEALAND COURT OF APPEAL
Before Justice Randerson,Justice Heath,Justice Collins
Insurance (buildings) – Insurers having right to elect to rebuild or pay indemnity value – Whether election had been made – Consequences of failure to elect within a reasonable time – Whether court permitted to exercise election for the insurers.