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LLR: Insurance & Reinsurance

ASHMORE AND OTHERS V CORPORATION OF LLOYD’S

(1992) 1 Re LR 335

House of Lords

Before Lord Keith of Kinkel, Lord Roskill, Lord Bridge of Harwich, Lord Templeman and Lord Goff of Chieveley

Lloyd’s - Corporation - Relationship with Lloyd’s names - Action by names against Corporation of Lloyd’s in respect of underwriting losses - Trial of preliminary issue whether Corporation of Lloyd’s owed statutory or contractual duty towards names ordered by trial judge - Judge’s order reversed by Court of Appeal - Appeal to House of Lords - Effect of letter to Lloyd’s names from underwriting agent - Whether relationship between Corporation of Lloyd’s and Lloyd’s name affected by remarks of member of Committee of Lloyd’s.

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