Insurance

North Star Shipping Ltd and others v Sphere Drake Insurance plc and others [2005] EWHC 665 (Comm)

Marine insurance – Fraudulent claim – Non-disclosure – Misrepresentation – Institute War Clauses 1.10.83 – Malicious damage – Materiality – Inducement – Materiality of proposer’s financial condition – Materiality of criminal charges against proposer and exculpatory evidence – Materiality of unpaid premiums – Marine Insurance Act 1906, s53(1) – Materiality of overvaluation and ‘prudent ship management’