Pindos Shipping Corporation v. Raven (The Mata Hari) - Q.B.D. (Com.Ct.) (Bingham J.) - 2 March 1983

Whether marine insurance policy should be rectified

The plaintiff owners of the 32 ft motor yacht Mata Hari claimed against the defendant underwriters under a marine insurance policy after the vessel had sunk at her moorings in Piraeus during a storm. The underwriters (representing syndicates 691 and 689) had declined to pay on the ground that the policy and the slip upon which it was based were subject to the condition “warranted class maintained”, and the yacht was not in class at the time of the loss and never had been.