Sartex Quilts & Textiles Ltd v Endurance Corporate Capital Ltd

Insurance – Policy. The Commercial Court made rulings in a dispute arising from a fire at the claimant company's premises. The defendant insurer had admitted liability, but there was dispute as to the appropriate basis for assessing compensation. Among other things, the court held that the claimant was entitled to be indemnified on the reinstatement basis in respect of the buildings, plant and machinery which had been damaged or destroyed in the fire. At the time of the fire, the claimant's insurance had been subject to a 20% co-insurance provision, and its claim for an indemnity in respect of the buildings, plant and machinery was to be reduced accordingly.

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