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Liability insurance: aggregation

Insurance Law Monthly

Liability insurance: aggregation

The New South Wales Court of Appeal in Bank of Queensland Ltd v AIG Australia Ltd [2019] NSWCA 190 has reversed the first instance decision of Stevenson J in the New South Wales Supreme Court, [2019] Lloyd’s Rep IR 143. The Court of Appeal has given the widest meaning to the word “series” as contained in an aggregation clause.

Bank of Queensland : the facts

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