Read the full judgment text of HCCL 000247/1998 on BabelCite. This HCCL judgment was delivered on 29 June 2001.
1. On 25 November 1992, a fire occurred in Henggang, PRC, at the factory premises of the 2nd plaintiff, Grosby (China) Limited ("Grosby"). These premises, together with machinery therein and materials and stock in trade, were insured by the Peoples' Insurance Company of China ("PICC') pursuant to Property Insurance Policy No. SZA101920115 ("the policy") issued on its behalf on 6 November 1992 by the defendant herein, Inchcape Insurance Brokers (HK) Limited ("Inchcape").