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LLR: Insurance & Reinsurance

AMERICAN INTERNATIONAL MARINE AGENCY OF NEW YORK INC v DANDRIDGE

[2005] Lloyd's Rep IR 643

QUEEN’S BENCH DIVISION COMMERCIAL COURT

Before Deputy High Court Judge Richard Siberry QC

Reinsurance - Direct marine policy requiring following market to follow settlements of leader - Reinsurance agreement expressed to be subject to same terms and conditions as original - Effect on reinsurance of lapse of insured vessel’s classification.

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