Explore the pivotal elements involved in drafting, interpreting, and enforcing insurance and reinsurance contracts. Gain insights into essential clauses, risk considerations, and common pitfalls to ensure comprehensive coverage and compliance. Equip yourself with the expertise needed to adeptly handle contractual ambiguities and disputes, streamlining your practice in this specialised area. Stay informed about the latest legal developments and judicial decisions influencing contract formulation and negotiation. Enhance your proficiency in delivering precise and pragmatic advice to clients, fortifying your position as an adept legal professional in insurance and reinsurance law.
This week's edition of Insurance & Reinsurance weekly highlights includes: EIOPA’s technical advice on minimum common standards for insurance...
This week's edition of Insurance & Reinsurance weekly highlights includes: Insurers' application to withdraw Petrofac executives' cover before bribery...
Law360, London: Nine Lloyd's insurers are seeking to avoid covering the criminal defence costs of two former Petrofac International Ltd executives...
This week's edition of Insurance & Reinsurance weekly highlights includes key cases and dates for your diary....
Public liability insurance—essentialsPublic liability insurancePublic liability insurance is a form of liability insurance that indemnifies a...
Subrogation in insurance and reinsuranceWhat is the right of subrogation?In the context of insurance and reinsurance, the right of subrogation...
Insurable interestThis Practice Note considers insurable interest, including insurable interest in construction and liability insurance. It also...
Insurance agents and brokersWhat is the difference between an agent and a broker?Where insurance is transacted through an intermediary, that...
Subrogation in insurance and reinsuranceWhat is the right of subrogation?In the context of insurance and reinsurance, the right of subrogation entitles an insurer or reinsurer, having indemnified the (re)insured, to ‘step into its shoes’ to bring an action in the (re)insured’s name. For the purpose
What is meant by an 'indemnity to principals' provision and an 'additional insured' provision? What are the practical differences in protection each affords to the principal/additional insured?An indemnity to principals clause, as defined in Commentary: Who insures?: Manual of Construction
Insurable interestThis Practice Note considers insurable interest, including insurable interest in construction and liability insurance. It also considers insurable interest in subrogation, co-insurance and double insurance and the Insurable Interest Bill.What is insurable interest?‘Insurable
Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid
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