MARKETLEND PTY LTD AND ANOTHER V QBE INSURANCE (SINGAPORE) PTE LTD

[2025] SGHC(I) 1, Singapore International Commercial Court, International Judge Sir Bernard Eder, 8 January 2025

Insurance (trade credit) – Claims for trading losses due to insolvency of clients – Whether policy had been assigned without the insurers' consent – Breach of conditions precedent affecting claims – Whether losses were genuine – Material non-disclosure

Novita was insured under a trade credit insurance policy (the Policy) for the period 1 June 2020 to 31 May 2021.