OVERSEA-CHINESE BANKING CORPORATION LTD v ARGOGLOBAL UNDERWRITING ASIA PACIFIC PTE LTD AND OTHERS

[2025] Lloyd's Rep. Plus 40

SINGAPORE HIGH COURT

Before Justice Kwek Mean Luck

Insurance – Marine – Vessel capsizing – Constructive total loss – Perils of the sea – Breach of the duty of fair presentation – Seaworthiness – Breach of warranty – Held covered clause – Insurable interest – Late payment – Marine Insurance Act 1906, sections 4, 39 and 60 – Insurance Act 2015, sections 2, 10, 11 and 13A.