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 submits advice to Commission on Taxonomy disclosures; the IAIS calls...
This week's edition of Insurance & Reinsurance weekly highlights includes: the Budget’s appointment of a Co-operatives and Mutuals Champion; the HoL...
The UK Supreme Court has unanimously allowed the appeal in The Kingdom of Spain v The London Steam-Ship Owners' Mutual Insurance Association Ltd (No...
This week's edition of Insurance & Reinsurance weekly highlights includes: Insurers lose application to pull Petrofac executives’ £45 million defence...
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...
Insurance clauses in commercial agreements—guidance notesIntroductionOne of the purposes of a commercial contract is to allocate risk and liability through, for example, the provision of indemnities. In this context, one party may choose or be required to cover the liability allocated to it through
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
Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a
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
0330 161 1234