ANECO REINSURANCE UNDERWRITING LTD v JOHNSON & HIGGINS LTD

[2002] Lloyd's Rep IR 91

HOUSE OF LORDS

Before Lord Slynn of Hadley, Lord Browne-Wilkinson, Lord Lloyd of Berwick, Lord Steyn and Lord Millett

Reinsurance - Insurance brokers - Non-disclosure and misrepresentation - Brokers placed Claimants’ excess of loss reinsurance contracts with underwriters - Arbitrators held underwriters entitled to avoid cover - Claimants claimed damages from brokers for breach of contract or negligence - Measure of damages - Whether brokers liable for absence of reinsurance cover or for all losses suffered by reinsureds.