Lloyd's Reinsurance Law Reports

M M D'Souza

Document

SEARLE v. A. R. HALES & CO. LTD. AND OTHERS HAND v. SAME

[1996] LRLR 68

QUEEN’S BENCH DIVISION

Mr. ADRIAN WHITFIELD, Q.C.:

Insurance (Home Income Plan) - Duty of care - Application to strike out - Investors acquired personal investment bonds through brokers - Bonds decreased in value and investors suffered loss - Whether insurers owed investors duty of care - Whether brokers acted as agents of insurers - Whether action against insurers should be struck out.

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