Axa Insurance Ltd v Akhter & Darby and Others
Court of Appeal
“An insurer’s cause of action for negligent advice by insured solicitors accrued when after-the-event insurance cover, creating contingent liability, had been issued to defendant solicitors to protect costs and expenses of litigants to bring actions and not when the litigants’ claims failed thereby causing financial loss to the insurer.”
The Times, 15th December 2009
Source: www.timesonline.co.uk
