SIRIUS INTERNATIONAL INSURANCE CORPORATION AND ORS v ORIENTAL ASSURANCE CORPORATION

[1999] Lloyd's Rep IR 343

QUEEN’S BENCH DIVISION (COMMERICAL COURT)

Before Mr Justice Longmore

Reinsurance - Direct fire policy on contents of warehouse - Risk reinsured - Misrepresentation - Information provided by producing brokers and passed on to reinsurers - Whether false statement made to reinsurers as to existence of hydrants and sprinkler system - Meaning of “hydrant” - Whether hydrants and sprinkler system had to be operative - Whether coverage for leakage implied promise that sprinkler system existed.