L’ALSACIENNE PREMIÈRE SOCIÉTÉ ALSACIENNE ET LORRAINE D’ASSURANCES CONTRE L’INCENDIE LES ACCIDENTS ET LES RISQUES DIVERS v. UNISTOREBRAND INTERNATIONAL INSURANCE A.S. AND KANSA REINSURANCE CO. LTD.

[1995] LRLR 333

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Mr. Justice RIX:

Reinsurance - Reinsurance agreement - Avoidance - Allegations of Non-disclosure misrepresentation and repudiation - Whether agreement avoided - Allegation that first defendants refused to co-operate in securing to second defendants the benefit of the common account reinsurances - Whether a repudiatory breach - Whether contracts of reinsurance illegal under Insurance Companies Acts - Whether second defendants liable to indemnify first defendants.