Insurable Interest in UK Law

  • Raiffeisen Zentralbank Osterreich AG v Five Star General Trading LLC and Others
    • Court of Appeal (Civil Division)
    • 26 January 2001
    ... ... and agree to assign to the Bank all their right, title and interest in and to the Insurances" (clause 2.1) and undertook to give notice to the ... interest in it, so long as he retains and does not part with the insurable interest in the subject-matter insured that the policy is intended to ... ...
  • Macaura v Northern Assurance Company, Ltd and Others
    • House of Lords
    • 03 April 1925
    ... ... It is clear that the Appellant had no insurable interest in the timber described. It was not his. It belonged to the Irish ... ...
  • Charter Reinsurance Company Ltd v Fagan
    • House of Lords
    • 22 May 1996
    ... ... wheresoever arising during the period of this Reinsurance on any Interest under Policies and/or Contracts of Insurance and/or Reinsurance ... , the liability of the reinsured serving merely to give him an insurable interest. This may be important in the context of regulation, but it makes ... ...
  • Re King, decd
    • Court of Appeal
    • 04 February 1963
    ... ... and tenant were insured under the policy, each in respect of his interest in the property. The tenant was insured in respect of his Interest as ... amount of his charges is the measure of his own loss and of his insurable interest. Where, therefore, he insures the goods, not merely for the ... ...
  • Samuel (P.) & Company Ltd v Dumas
    • House of Lords
    • 25 February 1924
    ... ... , disbursements, commissions, or other interests (policy proof of interest or full interest admitted), or on excess or increased value of hull or ... , the mortgagee had no valid security upon the ship and so had no insurable interest. Upon this point I accept the finding of the learned trial Judge ... ...
  • Medical Defence Union Ltd v Department of Trade
    • Chancery Division
    ... ... must involve an element of uncertainty; (3) there must be an insurable interest in the subject matter by the assured. The first of these heads ... ...
  • Castellain v Preston
    • Court of Appeal
    ... ... with interest since the 25th of September, 1878. On the 25th of March, 1878, the ... them in his possession under his lien, and who may have an insurable interest sufficient to support a marine policy; for it depends upon the ... ...
  • Vandepitte v Preferred Accident Insurance Corporation of New York
    • Privy Council
    • 06 October 1931
    ... ... insured in any legal proceeding defended by the insurer; and all interest accruing after entry of judgment upon such part of same as is not in ... ...
  • Feasey v Sun Life Assurance Company of Canada and Another; Steamship Mutual Underwriting Association (Bermuda) Ltd v Feasey
    • Court of Appeal (Civil Division)
    • 26 June 2003
    ... ... Underwriting Association (Bermuda) Limited ("Steamship") had an insurable interest in relation to a contract of insurance made between it and ... ...
  • Siu Yin Kwan and Another v Eastern Insurance Company Ltd (The Barquentine Osprey)
    • Privy Council
    • 09 December 1993
    ... ... compensation for the actual loss in respect of which he has an insurable interest. A literal application of the language of section 2 would create ... ...
  • See all results

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT