COROMIN LTD v AXA RE AND OTHERS

[2008] Lloyd's Rep IR 467

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Cooke

Reinsurance - Business interruption - Policy excluding loss caused to defective plant - Electrical or Mechanical Breakdown Extension bringing loss caused to defective plant within scope of cover - Whether condition for “official acceptance” of plant satisfied - Whether business interruption cover extended to plant not in existence during currency of policy but affected during indemnity period.