T&N LTD v ROYAL & SUN ALLIANCE PLC (No 2) [2003] EWHC 1016 (Ch)

[2004] Lloyd's Rep IR 106

CHANCERY DIVISION

Before Mr Justice Lawrence Collins

Insurance - Employers’ liability - Asbestos claims - Scope of exclusion for pneumoconiosis - Whether applicable to mesothelioma - Policy term requiring insured to pay pneumoconiosis claims - Whether amounting to condition or exclusion - Scope of release agreement - Whether applicable to shareholders of insurers benefiting from release - Subrogation - Third Parties (Rights against Insurers) Act 1930 - Meaning of “liability insurance” for purposes of 1930 Act - Whether purpose trust of policy moneys.