About Insurance & Reinsurance Law
Lexis®+ Insurance & Reinsurance caters for both contentious and non-contentious practitioners. It delivers practical guidance on topics ranging from regulatory obligations that apply to insurers and insurance intermediaries, to key legal concepts
in insurance and reinsurance law and practice, to guidance on particular classes of insurance.
Insurance claims
We provide practical guidance in relation to insurance claims, including on subrogation, allocation and aggregation, together with detailed guidance on relevant legislation.
Regulation of insurance
We provide comprehensive guidance on the regulation of insurance in the UK and the EU, alongside trackers and guidance on hot topics such as implementing the FCA's new consumer duty.
Types of insurance
Our guidance includes Practice Notes on the different types of insurance, ranging from aviation insurance to warranty and indemnity cover, and everything in between.
Intermediaries and market practice
Get practical guidance on the functions and duties of insurance intermediaries along with guidance on insurance and reinsurance market practice. This includes a detailed glossary and Practice Notes pack.
Topics We Cover
Our Insurance & Reinsurance Experts
Susie Wakefield
Charlotte Shakespeare
Rebecca Huggins
Bob Haken
Jonathan Drake
Latest Insurance & Reinsurance News
The Bank of England (BoE) has published a speech by its executive director of insurance supervision, Gareth Truran, at the 22nd Westminster and City...
The Prudential Regulatory Authority (PRA) has published consultation paper CP10/25 with proposals on updates to its supervisory expectations for banks...
The European Insurance and Occupational Pensions Authority (EIOPA) has launched six consultations papers (CPs), all related to the implementation of...
The International Association of Insurance Supervisors (IAIS) has published its IAIS year in review 2024 report. The report details significant...
Law360, London: The marine insurance market could face losses if premiums continue to soften in the face of mounting claims inflation, a broker...
Latest Insurance & Reinsurance Practice Notes
SM&CR—essentials for insurersThis Practice Note considers the application of the UK financial regulators’ Senior Managers and Certification Regime...
Carrying on unauthorised business and breaching the general prohibitionThis Practice Note outlines the relevant legislative provisions stipulating the...
Starting an SPA breach of warranty claim—a practical guideThis Practice Note considers how to pursue a breach of warranty claim in the context of...
Warranty and indemnity (W&I) insurance in M&A transactionsWarranty and indemnity (W&I) insurance may be used in private company sale and purchase...
Warranty and indemnity (W&I) insurance—insured v uninsured claimsWarranty and Indemnity (W&I) insurance is an established risk transfer tool in...
Latest Insurance & Reinsurance Precedents
Letter of intent—outsourced servicesStrictly private and confidentialTo: [Insert name of Customer party] (a company registered in [England and Wales],...
Defence of driver to claim by a child pedestrian who walked out in front of the defendant’s vehicleDefence for a child claimant who walked out in...
Claim by driver who incurred credit hire chargesIN THE COUNTY COURT AT [insert]Claim...
Letter to Police—requesting police accident reportRoad Traffic Accident: [place of accident]On: [date of accident]Our Client: [name of client]Vehicle:...
Claim against a driver for a collision while overtakingIn the COUNTY COURT AT [insert]Claim No: [insert claim number]BetweenA B ClaimantandX...
Latest Insurance & Reinsurance Q&As
Featured Insurance & Reinsurance content
Insurable interest
Insurable interestThis Practice Note considers insurable interest, including insurable interest in construction and liability insurance. It also...
The functions and duties of insurance brokers—policy placement
The functions and duties of insurance brokers—policy placementThis Practice Note provides a high level introduction to the functions and duties of...
Public liability insurance—essentials
Public liability insurance—essentialsPublic liability insurancePublic liability insurance is a form of liability insurance that indemnifies a...
Double insurance and contribution
Double insurance and contributionOverlapping insurance policesThere are various reasons why an insured may end up with overlapping insurance cover,...
An introduction to Lloyd’s of London
An introduction to Lloyd’s of LondonWhat is the Lloyd’s market?The Lloyd’s market is an insurance market, whose origins date back to the seventeenth...
Insurance agents and brokers
Insurance agents and brokersWhat is the difference between an agent and a broker?Where insurance is transacted through an intermediary, that...
Professional indemnity insurance—essentials
Professional indemnity insurance—essentialsWhat is professional indemnity insurance?Professional indemnity insurance is a form of liability insurance....
General principles of insurance contract law
General principles of insurance contract lawWhat is insurance law?Insurance law can be split into three parts:•insurance contract law which governs...
Exclusion clauses in insurance contracts
Exclusion clauses in insurance contractsWhat are exclusion clausesUnlike some exclusion or exemption clauses in ordinary contracts, an exclusion...
Insurance premium
Insurance premiumAn insurance premium is the sum paid for insurance or reinsurance cover and is the consideration paid by the (re)insured for the...
Marine insurance—general principles
Marine insurance—general principlesThis Practice Note describes the main principles of marine insurance as governed by the Marine Insurance Act 1906....
What is a contract of insurance?
What is a contract of insurance?This Practice Note covers the legal framework and regulatory guidance to be considered in determining whether an...
Sanctions clauses and the effect of sanctions on insurance policies
Sanctions clauses and the effect of sanctions on insurance policiesThe Practice Note entitled EU/UK financial and trade sanctions for insurers...
Product liability and product recall insurance
Product liability and product recall insuranceWhat is product liability insurance?Product liability insurance provides an indemnity to a business in...
Trade credit insurance
Trade credit insuranceTrade credit insurance typically provides protection to a policyholder against non-payment of accounts receivable, due to the...
Reinsurance—essentials
Reinsurance—essentialsThe parties to a reinsurance contract and reinsurance terminologyThe principal parties to any reinsurance contract are the...
ICOBS Insurance: Conduct of Business Sourcebook—application, general matters, distance communications, information about the firm and product information
ICOBS Insurance: Conduct of Business Sourcebook—application, general matters, distance communications, information about the firm and product...
Terms of Business Agreement (TOBA)—insurer and managing agent/broker
Terms of Business Agreement (TOBA)—insurer and managing agent/brokerAn Agreement dated [date] governing the conduct of Insurance Business...
Associated legal terms
Excess
The amount the insured must pay itself before insurers will pay a claim.
Liability insurance
Commercial insurance covering the risks against a third-party claim, or in case of employer liability insurance, claims by employees.
Underwriter
An insurer, its employees or agents, who consider an insurance proposal form and decides whether to accept a risk, the terms of the policy and calculate the premium, based on the information provided by the insured or potential insurer.
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