Blog: The measure of indemnity in property damage loss?
Mike Ledgerton, head of major loss at Questgates, reflects on the Court of Appeal decision in Endurance Corporate Capital Ltd v Sartex Quilts & Textiles Ltd., which has potentially far reaching consequences to the measure of indemnity.
In the case of Endurance Corporate Capital Ltd v Sartex Quilts & Textiles Ltd, the Court of Appeal was asked to consider the correct test for measuring the indemnity for property damage loss.
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