Manchester Securities Limited [2012] NZWHT Auckland 17 [pdf, 86 KB]
...before the claim can be found to be eligible. Damage is not defined in the Act but the Shorter Oxford English Dictionary defines damage as “injury (a thing) so as to diminish its value or usefulness”. [13] The High Court and Court of Appeal considered what was meant by damage and the point at which damage becomes manifest in the context of a claim against an insurance company. The Court of Appeal in Arrow 5 International Limited v QBE Insurance (International) Limi...