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LLR: Insurance & Reinsurance

AQUAGENICS PTY LTD (IN LIQUIDATION) v CERTAIN UNDERWRITERS AT LLOYD'S SUBSCRIBING TO CONTRACT NUMBER NCP106108663

[2018] Lloyd's Rep. IR 431

FEDERAL COURT OF AUSTRALIA

Before Justice Davies

Insurance (professional indemnity) – Meaning of “claim” – Meaning of “wrongful act” – Whether wrongful act committed in course of business activities – Exclusion for assumed liability.

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