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Suncorp Insurance and Finance –v- Milano Assicurazioni Spa

1st Mar 1993

[1993] 2 ReLR 350; [1993] 2 Lloyd’s Rep. 225

Gavin Kealey – Pool – Authority – Fronting – Excess of loss treaty underwritten by pool underwriter – Whether pool member used as front in treaty was party to treaty – Whether pool underwriter was authorized expressly to bind pool member for percentage lines exceeding percentage stated in pool agreement – Construction of pool agreement – Whether pool underwriter had apparent or ostensible authority to use pool member as front – Whether pool member had ratified treaty – Interest on loss settlements.

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