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“Marseilles” And “Epos” – P&O Nedlloyd Ltd. And Another V. M & M Militzer & Münch International Holding A.G.

6th Dec 2002

[2003] 1 Lloyd’s Rep. 503

Richard Waller – Insurance (Cargo) – Settlement – Recovery – Cargo claim settled by underwriters – Claimants wrongly believed insured had not been paid and settled claim advanced by underwriters – Whether claimants’ settlement reasonable – Scope of claim that was settled – Whether reasonable investigation carried out – Whether claimants entitled to recover sum paid in settlement of underwriter’s claim

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