McMahon & Smith as Liquidators of NEMGIA Ltd v AGF Holdings (UK) Ltd & Others (1996)
Judgment Date: 12 Nov 97
Summary Where there had been a novation of a contract of insurance, so that any payment to be made to the policy holder would be made by a third party which would derive the benefit of the reinsurance, there was no loss to the original reinsured. The liability to the...