Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

ANECO REINSURANCE UNDERWRITING LTD. (IN LIQUIDATION) v. JOHNSON & HIGGINS LTD.

[1998] 1 Lloyd's Rep. 565

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Cresswell

Reinsurance - Insurance brokers - Non-disclosure and misrepresentations - Brokers placed plaintiffs’ excess of loss reinsurance contracts with underwriters - Arbitrators held underwriters entitled to avoid cover on grounds of brokers’ misrepresentation and non-disclosure - Plaintiffs claimed damages from brokers for breach of contractual duty and negligence - Whether brokers made fair presentation of risk and all material circumstances to underwriters - Measure of damages.

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