C.T. BOWRING REINSURANCE LTD. v. M. R. BAXTER (THE “M. VATAN” AND “M. CEYHAN”)
[1987] 2 Lloyd's Rep. 416
QUEEN’S BENCH DIVISION (COMMERCIAL COURT)
Before Mr. Justice Hirst
Reinsurance - War risks loss of hire - Vessels on charter-party service operating in Persian Gulf - Vessels reinsured for loss of hire - Vessels seriously damaged by Exocet missile attack - Whether assured entitled to pro rata return of premium.