NORTH STAR SHIPPING LTD v SPHERE DRAKE INSURANCE PLC

[2006] Lloyd's Rep IR 519

COURT OF APPEAL

Before Lord Justice Waller, Lord Justice Longmore and Lord Justice Lloyd

Insurance (marine war risks) - Vessel destroyed by explosive device - Misrepresentation and non-qjdisclosure - Whether outstanding criminal and civil proceedings a material fact - Whether impecuniosity of assured a material fact - Whether overvaluation of vessel a material fact - Marine Insurance Act 1906, section 18(2).