Commencement of the risk

There was discussion in the April 2006 issue of Insurance Law Monthly of the decision of Deputy High Court Judge Nigel Teare QC in Heesens Yacht Builders BV v Cox Syndicate Management Ltd [2006] Lloyd’s Rep IR 103 ( Insurance Law Monthly (Volume 18: April (pp8–10))), a case involving a short point of the construction of a marine policy which covered both construction and liability risks. The Court of Appeal, [2006] EWCA Civ 384 (forthcoming in [2006] Lloyd’s Rep IR), has now reversed the ruling of the judge.