Uncover the challenges and solutions related to insolvency within the insurance sector. This topic offers practical advice on navigating insolvency proceedings, restructuring, and the impact on policyholders and creditors.
This week's edition of Insurance & Reinsurance weekly highlights includes: the PRA’s consultation on amalgamations and transfer guidance for friendly...
This week's edition of Insurance weekly highlights includes: PRA and FCA consult on plan to allow firms to establish their own captive insurers in the...
This week's edition of Insurance weekly highlights includes: Nord Stream loses €580 million claim following war exclusion ruling (Nord Stream AG v...
Law360, London: A London judge ruled on 6 July 2026 that a group of insurers were not liable for Nord Stream's claim for up to €580 million to repair...
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...
What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a
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
Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a
Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an
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