Ruiren Xu and Diamantina Trust Limited v IAG New Zealand Limited - SC 47/2018

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Summary

Civil Appeal – Whether a replacement benefit payable under an insurance policy issued by the respondent was assignable.

Result

A Leave to appeal is granted (Xu v IAG New Zealand Ltd [2018] NZCA 149).
B The approved question is whether the Court of Appeal was correct to dismiss the applicants’ appeal against the judgment of Nation J
2 August 2018
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A The appeal is dismissed.  
B The appellants are to pay costs of $25,000 and reasonable disbursements.
3 July 2019

Hearing Transcripts

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