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In brief - Queensland Supreme Court finds that, in the
circumstances, an excess policy was a marine policy subject to the
Marine Insurance Act
Insurance Contracts Act 1984 (Cth) does not apply to
contracts to which the
This was a critical issue considered by Justice Bond in the
Supreme Court of Queensland late in 2020 in the case of
The issue considered in this case is one which insurers are
often required to consider but which rarely reaches the courts for
consideration.
Court considers whether the excess policy was a marine policy