Skip to content

menu

Financial Institutions Legal Snapshot logo
HomeAboutContact
Search
Close
GeneralInsuranceBankingHealthcare
View topics Archives
Subscribe

Financial Institutions Legal Snapshot

South Africa and global insurance, financial institutions, banking and general law know–how

Malicious act

Subscribe to Malicious act via RSS

Cocaine planted on ship by smugglers not an insured ‘malicious act’ (UK)

Photo of Patrick Bracher (ZA)
By Patrick Bracher (ZA) on May 27, 2018

Unknown third parties strapped bags of cocaine to the hull of a vessel leaving Venezuela resulting in the detention of the ship for more than six months and therefore a constructive total loss. The UK Supreme Court ruled that the loss did not result from ‘any person acting maliciously’.

In the context of a clause…

Posted in Insurance

Financial Institutions Legal Snapshot

Facebook Twitter RSS LinkedIn
Published by
Norton Rose Fulbright LLP logo
DisclaimerPrivacy policy

About

Norton Rose Fulbright’s financial institutions team provides straightforward legal updates. Our lawyers offer local insights with an international perspective recognised worldwide. This blog focuses on the South African market and is about sharing knowledge with you. Blog posts are not legal advice.

Read more

Topics

Archives

Copyright © 2025, Norton Rose Fulbright LLP. All rights reserved.