<p><strong>KUSI-APPIAH, J.A.</strong></p><p>This appeal arises from the judgment of the High Court, (Commercial Division), Accra, dated 8^th day of January, 2013 entered in favour of the plaintiff/respondent (hereinafter referred to as the respondent) against the 1^st defendant/appellant (hereinafter referred to as the appellant).</p><p>The case of the plaintiff (now the respondent) as gathered from its pleadings and especially evidence at the trial, is that, the respondent is a company incorporated under the laws of Ghana and carries on business as a food processing company. The respondent through the 2^nd defendant (Tri-Star Insurance Services), took an insurance policy with the appellant, Vanguard Assurance sometime in 2006. The policy was subsequently renewed yearly, the latest being for the period 20^th November, 2009 to 20^th November, 2010 against loss or damage by fire, up to the sum of five million Euros (€5,000,000.00) as follows:</p><blockquote>“All real and personal property of every kind and description of Expom Ghana Limited…</blockquote>