Wilson Limited v Queensland Insurance Company Limited (Civil Case No.,192 of 1951 (Mombasa))
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The court held that the contract constituted sea insurance and was invalid under section 8(1) of the Stamp Ordinance for not being expressed in a sea policy. The concealment of the rate quoted to the plaintiff's client was not a material fact requiring disclosure. The plaintiffs had no insurable interest in the subject matter insured. Suit dismissed.
Outcome
Suit dismissed on grounds that contract was invalid for non-compliance with statutory formality requirements
Facts
The plaintiffs sought an insurance rate quotation from the defendants for shipment of Mangalore tiles from India to Mombasa by steamer, with cover to include breakage. The defendants quoted £3 per cent, which the plaintiffs accepted. The plaintiffs required the policy for a client (Rambhai & Company) and, after receiving the defendants' quotation, quoted their client £15 per cent. Two letters dated 11th November 1949 recorded the agreement. The defendants issued a Queensland policy. The plaintiffs subsequently sought to enforce the contract. The defendants contended the contract was invalid for non-compliance with the Stamp Ordinance, that material facts had been concealed, and that the plaintiffs lacked insurable interest.
Issues
- Whether the two letters of 11th November 1949 amount to a contract for sea insurance and, if so, whether they are invalid and unenforceable under section 8 of the Stamp Ordinance as not being expressed in a sea policy.
- Whether there was wrongful concealment by the plaintiff of a material fact, namely that the plaintiff had entered into a contract with Rambhai & Company and was making a personal profit on the transaction.
- Whether the plaintiffs had an insurable interest in the subject matter insured.
Orders
- Suit dismissed.
- Defendants awarded general costs of the suit.
- Defendants awarded costs on the first and third issues.
- Plaintiffs awarded costs on the issue alleging fraud.
- Plaintiffs awarded costs on the second issue (non-disclosure).
- No order as to costs on other issues raised in the defence.
Rules and key headnotes
Legislation cited (2)
- Stamp Ordinance (Cap 259, Laws of Kenya) s.8(1)
- Merchant Shipping Act 1894 s.506
Cases cited (2)
- Thames & Mersey Marine Insurance Co. v. Gunford Ship Co. (1911) A.C. 529
- Glasgow Insurance v. Simonson (1911) 104 L.T.R. 254
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.