LARK V OUTHWAITE
(1991) 1 Re LR 1
Queen’s Bench Division (Commercial Court)
Before Mr Justice Hirst
Treaty - Excess of loss - Variation - Estoppel - Whole account run-off - Brokers’ letter asking reinsurers to follow reassured’s decision on asbestos-related claims agreement - Whether reinsurers agreed to vary treaty - Whether reinsurers estopped from defending reassured’s claims.