Insurance

Feasey (representing Syndicate 957 at Lloyd’s) v Sun Life Assurance Co of Canada, Phoenix Home Life Mutual Insurance Co; Steamship Mutual Underwriting Association (Bermuda) Ltd v Feasey [2002] EWHC 868 (Comm), Queen’s Bench Division, Commercial Court, Langley J, 17 May 2002

Reinsurance – P&I Association – Reinsurance of Association in respect of payments to members for liability for death and personal injury – Payments under reinsurance triggered by death or personal injury of ‘original person’ and not by liability of Association – Whether contrary to Life Assurance Act 1774, s1 – Amount recoverable under Life Assurance Act 1774, s3 – Misrepresentation – Whether reinsurers made false statements to their reinsurers concerning assessment of amount of payments to Association – Authority of underwriting agent