Gain a comprehensive understanding of insurance law, tailored for specialists in the field. This topic covers policy interpretation, claims handling, and risk management, providing invaluable guidance for legal practitioners.
This week's edition of Insurance & Reinsurance weekly highlights includes: Insurers lose application to pull Petrofac executives’ £45 million defence...
Law360, London: Lloyd’s of London insurers must continue paying up to £45 million in additional criminal defence costs for two former executives of...
This week's edition of Insurance & Reinsurance weekly highlights includes EIOPA’s consultation on a draft supervisory statement promoting greater...
This week's edition of Insurance & Reinsurance weekly highlights includes: an analysis of Liberty Managing Agency Ltd and others v Marwan Chedid and...
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...
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
If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit
Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application
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