Arab Bank Plc v Zurich Insurance Company [QBD (Comm)]

JurisdictionEngland & Wales
CourtQueen's Bench Division (Commercial Court)
JudgeRix J
Judgment Date16 June 1998
Date16 June 1998

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33 cases
  • Bank of Credit and Commerce International SA ((in Liquidation)) (No. 15), Re; Bank of India v Morris
    • United Kingdom
    • Court of Appeal (Civil Division)
    • 22 June 2005
    ...that of any member of the board or of anyone else in BoI. 121 BoI also contended that Patten J erred in failing to consider and apply Arab Bank v. Zurich [1999] 1 Lloyd's Law Reports 262, despite the submissions made to him on that case at trial. Mr. Moss contended that it was a case of "c......
  • McAleenan v AIG (Europe) Ltd
    • Ireland
    • High Court
    • 16 July 2010
    ...[1997] LRLR 24, Rohan Construction v Insurance Corporation Ireland plc [1986] ILRM 419, Arab Bank plc v Zurich Insurance Company [1999] 1 Lloyd's Rep 262 and Superwood Holdings plc v Sun Alliance and London Insurance plc [1995] 3 IR 303 considered - Partnership Act 1890 (53&54 Vict c 39),......
  • HIH Casualty and General Insurance Ltd v Chase Manhattan Bank
    • United Kingdom
    • Court of Appeal (Civil Division)
    • 31 July 2001
    ...under an insurance contract. 166 On the other hand a distinction is sometimes drawn by the policy itself. Thus in Arab Bank Plc v. Zurich Insurance Co [1999] 1 Lloyd's Rep 262 there was an "Innocent Non-disclosure" clause which excluded the insurer's right to avoid for non-disclosure or mis......
  • TC03696: Isocom Ltd and related appeal
    • United Kingdom
    • First-tier Tribunal (Tax Chamber)
    • 10 June 2014
    ...but they do not, in the present context, make the fraudster a victim. Whilst I recognise the Arab Bank plc v Zurich Insurance CoUNK [1999] 1 Lloyd's Rep 262 as pointing in a different direction, I take the view that this court in the Bank of India case preferred and approved the reasoning i......
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2 firm's commentaries
  • Directors' and Officers' Liability Insurance: Problems and Pitfalls
    • United Kingdom
    • Mondaq United Kingdom
    • 8 August 2010
    ...for themselves or for the company. This is the default position for D&O policies (see Arab Bank Plc v Zurich Insurance Co [1999] 1 Lloyd's Rep 262). Most policies state this fact expressly, and should do so especially where the company is also an insured under side B coverage. However, ......
  • Directors' And Officers' Liability Insurance: Problems And Pitfalls
    • United Kingdom
    • Mondaq United Kingdom
    • 2 September 2009
    ...for themselves or for the company. This is the default position for D&O policies (see Arab Bank Plc vZurich Insurance Co [1999] 1 Lloyd's Rep 262). Most policies state this expressly, and should do so especially where the company is also an insured under side B coverage. However, the ri......
1 books & journal articles
  • Adieu to Attribution
    • United Kingdom
    • Wiley The Modern Law Review No. 85-3, May 2022
    • 1 May 2022
    ...and Lord Hodge;KRvRoyal & Sun Alliance plc [2006] EWCA Civ 1454;[2007] Bus LR 139 at [55]-[56]; Arab Bankplc vZurich Insurance Co [1999] 1 Lloyd’s Rep 262 (QB) 278-283,explained in Morris vBank ofIndia [2005] EWCA Civ 693; [2005] 2 BCLC 328 at [122]-[124];Moulin Global Eyecare TradingLtd vC......