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LLR: Insurance & Reinsurance

MUTUAL REINSURANCE CO LTD V PEAT MARWICK MITCHELL AND CO KPMG PEAT MARWICK

(1996) 5 Re LR 477

Court of Appeal

Before Lord Justice Leggatt, Lord Justice Hobhouse and Lord Justice Thorpe

Company - Auditor - Indemnity - Bermudan reinsurance company suing appointed auditors for alleged negligence - Companys byelaws providing that “officers” should be indemnified against civil liabilities incurred as such officers - Whether word “officers” as used in byelaws included companys auditors appointed under byelaws.

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