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Fair presentation of risk considered under Insurance Act 2015 (Berkshire Assets v AXA)

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Published on: 15 October 2021
Published by a Law360 reporter

Article summary

Law360, London: A judge has rejected a London property developer’s claim against AXA to cover water damage, ruling that the policy was void under the Insurance Act 2015 (IA 2015), because the builder should have disclosed that its director was a former Goldman Sachs executive involved in the 1MDB scandal.

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