Insurance – Property insurance. Following a fire at property which the claimant company stated that it let or managed, the defendant resisted the claimant's insurance claim on the grounds that it had had no insurable interest and that there had been misrepresentation and non-disclosure. The Mercantile Court held that, on the evidence, the claimant was entitled to a declaration that it was entitled to be indemnified by the defendant in the terms of the policy.