A couple of comments. Try to avoid spaces in your filenames, even if they are quoted. It will bite you in the back sooner or later.
The other is more important I guess and will result in an error. Things are case-sensitive. Your path is wrong. The path should be "../Images/01 Title PageBW.jpg".
The one below should also work and saves you a nested div.
Code:
<?xml version="1.0" encoding="utf-8" standalone="no"?>
<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.1//EN"
"http://www.w3.org/TR/xhtml11/DTD/xhtml11.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
<title>Cover</title>
</head>
<body>
<div style="text-align: center; padding: 0pt; margin: 0pt;">
<svg xmlns="http://www.w3.org/2000/svg" height="100%" preserveAspectRatio="xMidYMid meet" version="1.1" viewBox="0 0 592 900" width="100%" xmlns:xlink="http://www.w3.org/1999/xlink">
<image height="900" width="592" xlink:href="../Images/01 Title PageBW.jpg"></image>
</svg>
</div>
</body>
</html>