Wednesday, Aug 27, 2014Wednesday, Aug 27, 2014
News
 

Ferrari case: Family's lawyers criticise insurer

They say circumstances qualify crash as accident, not collision as claimed

Published on Sep 20, 2012 11:41 AM
 
The family of Mr Ma Chi (above), who died when his Ferrari hit a taxi in May, are unhappy with AXA's move to reject claims made under the car's policy. - ST PHOTO: NONSPH

Lawyers for the family of the Ferrari owner who died in the May crash have criticised the insurer's move to reject claims made under the vehicle's policy.

They argued, in court papers filed on Tuesday, that the circumstances of the crash would qualify the case as an accident and not a collision.

AXA Insurance Singapore had given notice to the family of driver Ma Chi that it regards the incident as a collision.

In the May 12 crash, Mr Ma, 31, is said to have run a red light along Victoria Street. His car hit a taxi which then hit a motorcycle. The cabby and his passenger - a Japanese woman - died while two others were injured.

 
If you are not a subscriber, you can get instant, unlimited access here

Background story

AXA Insurance Singapore had given notice to the family of driver Ma Chi that it regards the incident as a collision... AXA's notice also stated that any payouts it makes to third parties for damages under the law will be billed to the Ma estate.