Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

D.R. INSURANCE CO. v. SEGUROS AMERICA BANAMEX SAME v. IMPERIO COMPANHIA DE SEGUROS

[1993] 1 Lloyd's Rep. 120

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Adrian Hamilton, Q.C. Sitting as a Deputy Judge of the High Court

Reinsurance - Illegality - Insurance companies members of marine, non-marine and aviation pool - MOA provided for automatic retrocession by fronting company to other pool members - Insurance companies not authorized to carry on business as insurance companies by Insurance Companies Acts 1974-1981 - Whether alleged retrocessions illegal and or void.

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