SUNCORP INSURANCE AND FINANCE v. MILANO ASSICURAZIONI SPA

[1993] 2 Lloyd's Rep. 225

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Waller

Reinsurance - Principal and agent - Underwriting agent underwrote reinsurance on behalf of members of pool - Whether defendants party to contract with plaintiffs - Whether underwriting agent expressly authorized to bind defendants for the proportions - Whether underwriting agent had authority to use defendants as a front for other members of pool - Whether defendants ratified acts of underwriting agents.