2 Oct 2013
CRYSTAL IMPORTS LTD v ALLIANZ NZ LTD & ANOR [2013] NZHC 2566
- Citation
- [2013] NZHC 2566
- Court
- High Court
On construction of the 2011 Allianz policy and its schedule the court held Crystal was an insured to the extent of its respective rights and interests in Warner's Hotel (as owner/lessor and owner of a managed property) and the 2011 certificate was consistent with the policy; accordingly Crystal is entitled to a declaration of insurance cover under the 2011 policy; alternatively, if the court's interpretation were adverse, the defendants would be estopped from denying coverage because they caused Crystal to reasonably rely on the certificate to its detriment.