Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

INSURANCE CO. OF THE STATE OF PENNSYLVANIA v. GRAND UNION INSURANCE CO. AND LOWNDES LAMBERT CONSTRUCTION LTD.

[1990] 1 Lloyd's Rep. 208

HONG KONG COURT OF APPEAL

Before Fuad, V.-P., Hunter and Macdougall, JJ.A.

Reinsurance - Indemnity - Retrocession - Contractors All Risks insurance - Defendants retrocessionaires in respect of construction contracts - Plaintiff reinsurers settled claims - Degree of risk accepted by defendants - Whether plaintiffs entitled to indemnity - Hong Kong.

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