HUA TYAN DEVELOPMENT LIMITED v ZURICH INSURANCE COMPANY LIMITED (formerly known as ZURICH INSURANCE COMPANY)

Read the full judgment text of CACV 190/2012 on BabelCite. This Court of Appeal judgment was delivered on 12 August 2013.

1. The plaintiff (‘Insured’) is a trader in timber.  It shipped round logs from South East Asia to China.  The shipments were covered by marine cargo insurance obtained by the Insured through a broker.  In 2004 the previous broker engaged by the Insured ceased business and the 2 nd defendant (‘Broker’) was engaged by the Insured as its new broker.  The Broker obtained insurance coverage from the 1 st defendant (‘Insurer’) in respect of shipments of the timber.

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