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ARTICLE · 16 DECEMBER 2009
Insurance: Interpretation of an Exclusion Clause
DLA Piper Australia
In Trustees Executors Limited v QBE Insurance (International) Limited (HC Auckland, CIV 2009-404-1165), the High Court was asked to interpret the Securities Exclusion in QBE’s policy. This decision is a good example of the High Court applying the plain and ordinary meaning of words and not artificially reading down an exclusion clause.
New ZealandInsurance
