MARKEL INTERNATIONAL INSURANCE CO LTD v SURETY GUARANTEE CONSULTANTS LTD AND OTHERS QBE INSURANCE (EUROPE) LTD AND ANOTHER v SURETY GUARANTEE CONSULTANTS LTD AND OTHERS
[2008] Lloyd's Rep IR Plus 40
QUEEN’S BENCH DIVISION (COMMERCIAL COURT)
Before Mr Justice Teare
Insurance – Underwriting agent – Binding authorities –
Agent issuing surety bonds in excess of financial and geographical limits
permitted by agency agreements – Liability of agency and of its controllers and
employees – Whether individuals owed fiduciary duties to insurers – Conspiracy
to injure – Knowing assistance with breach of fiduciary duty – Inducing breach
of contract.