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LLR: Insurance & Reinsurance

VERSLOOT DREDGING BV v HDI-GERLING INDUSTRIE VERSICHERUNG AG (THE “DC MERWESTONE”)

[2013] Lloyd's Rep. IR 582

QUEEN'S BENCH DIVISION(COMMERCIAL COURT)

Before Mr Justice POPPLEWELL

Insurance (marine) – Time policy – Institute Time Clauses Hulls 1983 – Institute Additional Perils Clauses – Perils of the seas – Inchmaree clause – Negligence of crew and repairers – Due diligence – Whether vessel unseaworthy – Measure of indemnity – Fraudulent claim – Fraudulent means and devices – Marine Insurance Act 1906, sections 39(5), 55 and 69.

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