HUA TYAN DEVELOPMENT LTD v ZURICH INSURANCE CO LTD AND ANOTHER (THE “HO FENG 7”)

[2015] Lloyd's Rep. IR 14

HONG KONG SPECIAL ADMINISTRATIVE REGION COURT OF FINAL APPEAL

Before Chief Justice MA,Mr Justice RIBEIRO,Mr Justice TANG,Mr Justice FOK,Lord NEUBERGER

Insurance (marine) – Deadweight warranty – Effect of breach of warranty – Whether warranty inconsistent with cover note and policy – Relevance of knowledge of insurers as to breach of warranty – Rectification – Waiver and estoppel – Duty of disclosure – Marine Insurance Ordinance, sections 18, 33 and 34.