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LLR: Insurance & Reinsurance

KASTOR NAVIGATION CO LTD ATLANTIC BANK OF NEW YORK v AXA GLOBAL RISKS (UK) LTD AND OTHERS

[2003] Lloyd's Rep IR 262

QUEEN’S BENCH DIVISION COMMERCIAL COURT

Before Mr Justice Tomlinson

Insurance (marine) - Fire breaking out on board vessel - Vessel sunk by ingress of water - Whether vessel rendered constructive total loss by fire - Whether assured entitled to claim for constructive total loss when followed immediately by actual total loss caused by uninsured peril - Effect of absence of notice of abandonment - Actual total loss - Whether loss of vessel proximately caused by fire - Concurrent causes of loss.

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