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Contributions by 7KBW Experts

14

AFTAR (2013)—ARIAS Fast Track Rules
AFTAR (2013)—ARIAS Fast Track Rules
Practice notes

This Practice Note is an introduction to the Fast Track Rules of the AIDA Reinsurance and Insurance and Arbitration Society of the UK or the ARIAS Fast Track Rules (AFTAR), effective from 3 October 2013 which govern insurance and reinsurance arbitration proceedings. It provides practical guidance on AFTAR including sole arbitrators, documents only proceedings, preliminary meetings, time limits for proceedings, specific costs points, practical points and considerations

Arbitration under the ARIAS (UK) Rules 2014
Arbitration under the ARIAS (UK) Rules 2014
Practice notes

This Practice Note introduces the AIDA Reinsurance and Insurance and Arbitration Society of the UK or ARIAS (UK) as an organisation. It sets out the services it offers and the rules it provides for insurance and reinsurance arbitrations. It also provides an introduction to the ARIAS (UK) Rules 2014 for insurance and reinsurance arbitrations, considers the adoption of ARIAS Rules pre and post dispute and general features of ARIAS arbitration.

ARIAS (2014)—appointing arbitrators
ARIAS (2014)—appointing arbitrators
Practice notes

This Practice Note summarises the procedure, in insurance and reinsurance arbitrations, for appointing arbitrators under the ARIAS (UK) Rules 2014, 3rd edition, including how many arbitrators are to be appointed, and how, what qualifications arbitrators should have, when ARIAS will appoint an arbitrator and how to challenge an arbitrator’s appointments under the 3rd edition of the ARIAS Rules.

ARIAS (2014)—general procedure
ARIAS (2014)—general procedure
Practice notes

This Practice Note summarises the procedure in insurance and reinsurance arbitrations for the progress of a dispute under the AIDA Reinsurance and Insurance and Arbitration Society (ARIAS) (UK) Rules 2014, 3rd edition. It outlines the duty and jurisdiction of the tribunal under the ARIAS Rules (3rd edition) as well as the role of the parties, the confidentiality of proceedings, how communications between the parties should take place, the role of statements of case, considerations regarding evidence, interim meetings, interim measures and multiple arbitrations and consolidation.

ARIAS (2014)—starting an arbitration and responding to a notice of arbitration
ARIAS (2014)—starting an arbitration and responding to a notice of arbitration
Practice notes

This Practice Note summarises the procedures, in insurance and reinsurance arbitrations, for starting and responding to a notice of arbitration under the rules of the AIDA Reinsurance and Insurance and Arbitration Society of the UK (or ARIAS), and in particular ARIAS (UK) Rules 2014, third edition. It outlines how arbitration may be commenced under the ARIAS Rules, what a notice of arbitration must contain and how to respond to a notice of arbitration, and when.

ARIAS (2014)—the award
ARIAS (2014)—the award
Practice notes

This Practice Note summarises the procedure in insurance and reinsurance arbitrations for the progress of a dispute under the ARIAS Rules 2014, third edition. It outlines the formal requirements of an award under the ARIAS Rules, including the governing law, the tribunal’s power to make monetary, declaratory and partial awards, the award of interest and costs, adjudication on the fees of arbitrators under the ARIAS Rules, correcting errors and omissions in the award and appeals under the ARIAS Rules.

Insurance and reinsurance arbitration—an introduction
Insurance and reinsurance arbitration—an introduction
Practice notes

Arbitrations arising from insurance and reinsurance disputes share many common features with other types of commercial arbitration. This Practice Note provides an introduction to ad hoc and institutional arbitration proceedings in the insurance context. It also looks at Bermuda Form arbitration proceedings which may arise from ‘Bermuda Form’ policies, a specific type of excess liability insurance policy.

Liability insurance
Liability insurance
Practice notes

This Practice Note outlines the characteristic features of liability insurance and different types of liability insurance available. It also examines the scope of cover under liability policies and provides guidance regarding ascertainment of liabilities and the reasonableness of loss settlements, together with guidance on common issues that arise in relation to liability insurance, including joint and composite insurance and the application of the Third Parties (Rights Against Insurers) Act 2010.

Liability insurance—notification of claims and circumstances and defence of claims
Liability insurance—notification of claims and circumstances and defence of claims
Practice notes

This Practice Note provides guidance on notification provisions in liability insurance policies. It explains the purpose of notification clauses and provides guidance on how to notify claims or circumstances to insurers, including what to notify and when. It also provides guidance as to the potential consequences if a notification requirement is not complied with properly. This Practice Note also provides guidance on the rights and obligations of insurers and insureds in relation to the insured’s duty to mitigate its losses and on the defence and settlement of claims.

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