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LLR: Insurance & Reinsurance

SUPER CHEM PRODUCTS LTD v AMERICAN LIFE AND GENERAL INSURANCE CO LTD

[2004] Lloyd's Rep IR 446

JUDICIAL COMMITTEE OF THE PRIVY COUNCIL

Before Lord Bingham of Cornhill, Lord Steyn, Lord Hope of Craighead, Lord Rodger of Earlsferry and Sir Kenneth Keith

Insurance (physical damage and business interruption) - Insurers alleging fraud - Insurers also pleading breach of claims co-operation provisions and late claim - Whether insurers entitled to rely on contract terms after raising defence of fraud - Waiver - Correctness of Jureidini v National British and Irish Millers Insurance Company Limited [1915] AC 499.

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