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LLR: Insurance & Reinsurance

AXA VERSICHERUNG AG v ARAB INSURANCE GROUP (BSC)

[2017] Lloyd's Rep. IR 216

COURT OF APPEAL

Before Lady Justice Arden,Lord Justice Lewison,Lord Justice Christopher Clarke

Reinsurance – First loss facultative obligatory treaties – Non-disclosure and misrepresentation – Materiality of loss history – Inducement.

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