LLR: Insurance & Reinsurance

John Lockey KC and Professor Robert Merkin KC

Document

JDA CO LTD AND OTHERS v AIG INSURANCE NEW ZEALAND LTD AND OTHERS

[2023] Lloyd's Rep. IR 298

NEW ZEALAND COURT OF APPEAL

Before Justice Miller,Justice Gilbert,Justice France

Insurance (marine) – Declaration policy – Definition of “assured” under policy – Effect of assured's failure to nominate terms of coverage – Estoppel by convention – Effect of failure to make proper declarations of insured subject matter – Breach of warranty – Marine Insurance Act 1908 (NZ), section 34.

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