‘whether the pre-1995 form of premiums trust deed (‘PTD’) which every Name at Lloyd’s must enter into pursuant to section 83(2) of the Insurance Companies Act 1982 embraces, in addition to premiums and other receipts of his underwriting business, sums recovered in litigation against his agents for negligent underwriting. ‘
Citations:
[1996] EWCA Civ 796, [1996] CLC 1875, [1997] LRLR 1
Links:
Jurisdiction:
England and Wales
Insurance
Updated: 01 November 2022; Ref: scu.140663