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Lloyd's Reinsurance Law Reports

AA MUTUAL INSURANCE CO. LTD. v. BRADSTOCK BLUNT & CRAWLEY LTD.

[1996] LRLR 161

QUEEN’S BENCH DIVISION

Mr. Justice HOBHOUSE:

Reinsurance - Net accounting - Offset - Defendants alleged that reinsurers and brokers adopted net accounting as procedure of settling accounts - Plaintiffs demanded payment without deduction or offset - Whether plaintiffs entitled to O. 14 judgment.

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