Hearings
England & Wales
07 Jul 1994 [1995] Ch 122; [1994] 3 WLR 1280; [1994] 4 All ER 1025, Ch D
04 Jul 1996 [1997] Ch 173; [1996] 3 WLR 871; [1996] 4 All ER 608, CA
13 Mar 1997 (pet all) [1997] 1 WLR 482, HL(E)
Fuji Finance Inc v Aetna Life Insurance Co Ltd
Subject Matter
INSURANCE — Contract — Illegality — Statutory prohibition — Insurance company carrying on business otherwise than in connection with insurance business — Issue of investment policy — Whether policy unenforceable — Insurance Companies Act 1982, s 16
[1995] Ch 122; [1997] Ch 173; [1994] 3 WLR 1280; [1996] 3 WLR 871
INSURANCE — Life insurance — Validity — Same sum payable on death of assured as on surrender of policy — Whether payable “on the life of any person” — Whether policy contract of life assurance — Whether policy void — Life Assurance Act 1774, s 1
[1995] Ch 122; [1997] Ch 173; [1994] 3 WLR 1280; [1996] 3 WLR 871
Appellate History
Fuji Finance Inc v Aetna Life Insurance Co Ltd [1995] Ch 122; [1994] 3 WLR 1280; [1994] 4 All ER 1025, Ch D
Decision of Sir Donald Nicholls V-C reversed
Fuji Finance Inc v Aetna Life Insurance Co Ltd [1997] Ch 173; [1996] 3 WLR 871; [1996] 4 All ER 608, CA