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LLR: Insurance & Reinsurance Plus

SOUTHERN RESPONSE EARTHQUAKE SERVICES LTD v SHIRLEY INVESTMENTS LTD

[2018] Lloyd's Rep. IR Plus 58

HIGH COURT OF NEW ZEALAND

Before Justice Thomas

Insurance (property) – Measure of indemnity – Building incapable of economic repair – Assured’s assignee exercising option to purchase new building – Whether sum recoverable included additional costs

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