WELLINGTON CITY COUNCIL v LOCAL GOVERNMENT MUTUAL FUNDS TRUSTEE LTD

[2018] Lloyd's Rep. IR Plus 47

NEW ZEALAND HIGH COURT

Before Mr Justice Collins

Mutual insurance – Condition precedent requiring notification of potential claims – Member of mutual society notifying potential claim late – Mutual society commuting reinsurance unaware of claim – Whether member in breach of society’s rules – Whether rules constituted a contract of insurance – Exercise of discretion by society.