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Practice notes
Duty of 'fair presentation'Under the Insurance Act 2015, s 3 (IA 2015), the insured has a duty to make a 'fair presentation' of the risk to the...
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9th Nov
Practice notes
This Practice Note looks at the limitation period for professional negligence (prof neg) claims and explains how to determine the date of accrual in...
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9th Nov
Practice notes
This Practice Note explains the Principles for Businesses (PRIN) set down by the Financial Conduct Authority (FCA). The Principles form part of the...
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9th Nov
Practice notes
Brexit: The UK's departure from the EU on exit day, ie 31 January 2020, has implications for practitioners considering road traffic accidents. For...
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9th Nov
Practice notes
What is insurance law?Insurance law can be split into three parts:•insurance contract law which governs the contractual relationship between insureds...
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9th Nov
Practice notes
Vitiation of an insurance policyAn insurance policy may be vitiated (or invalidated) if the insured:•misrepresents or fails to disclose any material...
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9th Nov
Practice notes
Decennial insurance is insurance that is taken out by contractors to cover costs associated with the potential collapse of a building after completion...
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Produced in partnership with David Savage of Charles Russell Speechlys LLP 12th Jan
Practice notes
What is subrogation?Subrogation is an equitable mechanism aimed at preventing unjust enrichment by permitting one party to ‘step into the shoes’ of...
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9th Nov
Practice notes
This Practice Note considers fundamental dishonesty both in the context of section 57 of the Criminal Justice and Courts Act 2015 (CJCA 2015) and the...
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9th Nov
Practice notes
The Practice Note entitled EU/UK financial and trade sanctions for insurers outlines the sanctions applicable to insurers, the nature of those...
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Produced in partnership with Daniel Martin of HFW 12th Jan
Practice notes
This Practice Note describes the main principles of marine insurance as governed by the Marine Insurance Act 1906. It looks at the principles of...
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9th Nov
Practice notes
The parties to a reinsurance contract and reinsurance terminologyThe principal parties to any reinsurance contract are the reinsurer, who assumes the...
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9th Nov
Practice notes
This Practice Note covers the legal framework and regulatory guidance to be considered in determining whether an arrangement constitutes a contract of...
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Produced in partnership with RPC 12th Jan
Practice notes
On 29 August 2015, the Prudential Regulation Authority (PRA) published the PRA Rulebook (Rulebook). The transition from the Handbook to the Rulebook...
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9th Nov
Practice notes
The Financial Conduct Authority Handbook (FCA Handbook) includes sourcebooks to regulate the conduct of business by a regulated firm relevant to...
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9th Nov
Practice notes
Overlapping insurance policesThere are various reasons why an insured may end up with overlapping insurance cover, whether deliberately or...
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Produced in partnership with Susie Wakefield and Matthew Brown of Shoosmiths LLP 12th Jan

Most recent Insurance content

Practice notes
Insurance and reinsurance arbitration—procedure and tacticsArbitrations arising from insurance and reinsurance disputes share many common features...
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Produced in partnership with Ralph Morley of 7KBW 16th May
Practice notes
AFTAR (2013)—ARIAS Fast Track RulesThis Practice Note is an introduction to the Fast Track Rules of the AIDA Reinsurance and Insurance and Arbitration...
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Produced in partnership with Ralph Morley of 7KBW 16th May
Practice notes
ARIAS (2014)—the awardThis Practice Note summarises the procedure for the progress of a dispute under the third edition of the ARIAS (UK) Rules which...
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Produced in partnership with Ralph Morley of 7KBW 16th May
Practice notes
ARIAS (2014)—starting an arbitration and responding to a notice of arbitrationThis Practice Note summarises the procedures for starting an arbitration...
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Produced in partnership with Ralph Morley of 7KBW 16th May
Practice notes
ARIAS (2014)—general procedureThis Practice Note summarises the procedure for progress of a dispute under the 3rd edition of the AIDA Reinsurance and...
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Produced in partnership with Ralph Morley of 7KBW 16th May
Practice notes
ARIAS (2014)—appointing arbitratorsThis Practice Note summarises the procedure for appointing arbitrators under the 3rd edition of the ARIAS (UK)...
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Produced in partnership with Ralph Morley of 7KBW 16th May
Practice notes
Arbitration under the ARIAS (UK) Rules 2014This Practice Note provides guidance on the third edition of the ARIAS (UK) Rules adopted in 2014 (the...
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Produced in partnership with Ralph Morley of 7KBW 16th May
Practice notes
Insurance and reinsurance arbitration—an introductionArbitrations arising from insurance and reinsurance disputes share many common features with...
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Produced in partnership with Ralph Morley of 7KBW 16th May
Practice notes
Allocation and attachment of lossesAllocationIn the context of insurance and reinsurance, ‘allocation’ is the determination of which insurance policy...
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Produced in partnership with Rupert Warren of Holman Fenwick Willan and Celia Richardson of Holman Fenwick Willan 16th May
Practice notes
Insurance and reinsurance—Sweden—Q&A guideThis Practice Note contains a jurisdiction-specific Q&A guide to insurance and reinsurance in Sweden...
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16th May
Practice notes
Insurance and reinsurance—European Union—Q&A guideThis Practice Note contains a jurisdiction-specific Q&A guide to insurance and reinsurance in...
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16th May
Practice notes
Insurance premiumAn insurance premium is the sum paid for insurance or reinsurance cover and is the consideration paid by the (re)insured for the...
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16th May
Practice notes
Insurance and reinsurance—USA—Q&A guideThis Practice Note contains a jurisdiction-specific Q&A guide to insurance and reinsurance in USA published as...
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16th May
Practice notes
Insurable interestThis Practice Note considers insurable interest, including insurable interest in construction and liability insurance. It also...
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Produced in partnership with Dr Franziska Arnold-Dwyer of Centre for Commercial Law Studies at Queen Mary University of London 16th May
Practice notes
Insurance and reinsurance—India—Q&A guideThis Practice Note contains a jurisdiction-specific Q&A guide to insurance and reinsurance in India published...
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16th May
Practice notes
Insurance and reinsurance—Luxembourg—Q&A guideThis Practice Note contains a jurisdiction-specific Q&A guide to insurance and reinsurance in Luxembourg...
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16th May
Practice notes
Insurance and reinsurance—South Korea—Q&A guideThis Practice Note contains a jurisdiction-specific Q&A guide to insurance and reinsurance in South...
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16th May
Practice notes
Insurance and reinsurance—Canada—Q&A guideThis Practice Note contains a jurisdiction-specific Q&A guide to insurance and reinsurance in Canada...
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16th May
Practice notes
Double insurance and contributionOverlapping insurance policesThere are various reasons why an insured may end up with overlapping insurance cover,...
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Produced in partnership with Susie Wakefield and Matthew Brown of Shoosmiths LLP 16th May
Practice notes
Liability insurance—notification of claims and circumstances and defence of claimsThis Practice Note provides guidance on notification provisions in...
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Produced in partnership with Julia Dias QC of 7 King's Bench Walk 16th May

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