Persimmon Homes Ltd and Another v Great Lakes Reinsurance (UK) Plc: ComC 12 Jul 2010

‘This action relates to an After-the-Event (‘ATE’) insurance policy which the defendant underwriters have purported to avoid for material misrepresentation and non-disclosure. It has already gained a degree of notoriety as evidencing one of the potential difficulties with ATE insurance where an insured has been ordered to pay the costs of a successful defendant ‘

Citations:

[2010] EWHC 1705 (Comm), [2011] Lloyd’s Rep IR 101

Links:

Bailii

Jurisdiction:

England and Wales

Insurance

Updated: 03 August 2022; Ref: scu.420979