Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

GENERAL REINSURANCE CORPORATION AND OTHERS v. FORSAKRINGSAKTIEBOLAGET FENNIA PATRIA

[1983] 2 Lloyd's Rep. 287

COURT OF APPEAL

Before Lord Justice Oliver, Lord Justice Kerr and Lord Justice Slade

Reinsurance - Slip policy - Two reinsurance contracts - "Whole account cover" - "Specific cover" - Cover increased in respect of "whole account cover" - Amendment slip in respect of specific cover initialled only by plaintiff reinsurers - Defendants wished to cancel amendment slip - Whether entitled to do so - Whether property in insured goods had passed to customers so that no longer covered by "specific cover" - Custom and practice of London insurance market.

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