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LLR: Insurance & Reinsurance

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

[2009] Lloyd's Rep IR 77

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.

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