LLOYDS TSB GENERAL INSURANCE HOLDINGS v LLOYDS BANK GROUP INSURANCE CO LTD [2003] UKHL 48

[2003] Lloyd's Rep IR 623

HOUSE OF LORDS

Before Lord Nicholls of Birkenhead, Lord Hoffmann, Lord Hobhouse of Woodborough, Lord Millett and Lord Walker of Gestingthorpe

Insurance (professional indemnity) - Pensions mis-selling - Best advice not given to investors - Policy deductibles applicable to each and every third party claim - Series of claims to be regarded as single claim - Whether third party claims to be aggregated for purposes of deductible.