LLR: Insurance & Reinsurance

Insurance (product liability) – Meaning of liability “for property damage” – Principles applicable to incorporation of defective product into other property – Effect of exclusion for product recall.

Insurance – Marine – Vessel capsizing – Constructive total loss – Perils of the sea – Breach of the duty of fair presentation – Seaworthiness – Breach of warranty – Held covered clause – Insurable interest – Late payment – Marine Insurance Act 1906, sections 4, 39 and 60 – Insurance Act 2015, sections 2, 10, 11 and 13A.