GROUPAMA NAVIGATION ET TRANSPORTS AND ORS v CATATUMBO CA SEGUROS

[2001] Lloyd's Rep IR 141

COURT OF APPEAL

Before Lord Justice Roch, Lord Justice Tuckey and Lord Justice Mance

Reinsurance - Marine cover on Venezuelan risk including classification warranty - Warranty broken - Insurers arguably liable under Venezuelan law - Facultative reinsurance on terms “as original” - Reinsurance governed by English law - Whether reinsurers bound by liability of insurers under Venezuelan law.