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MEDICAL ASSURANCE SOCIETY NEW ZEALAND LTD v EAST AND OTHERS

LLR: Insurance & Reinsurance Plus

MEDICAL ASSURANCE SOCIETY NEW ZEALAND LTD v EAST AND OTHERS

[2016] Lloyd's Rep. IR Plus 1

NEW ZEALAND COURT OF APPEAL

Before Justice Harrison, Justice Keane and Justice Wylie

Insurance (building) - Whether obligation of insurers to "cover the cost" of reinstatement required the assured to incur liability to pay for such costs as a condition of recovery - Measure of indemnity - Meaning of "as new".

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