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: FCA names first solo-regulated firms to join Scale-up Unit, PRA publishes...
This week's edition of Insurance & Reinsurance weekly highlights includes: a statement from the ESAs calling for a supervisory approach that mitigates...
This week's edition of Insurance weekly highlights includes: the PRA’s updated statement of policy on it’s approach to the publication of Solvency II...
This week's edition of Insurance & Reinsurance weekly highlights includes: the PRA’s consultation on amalgamations and transfer guidance for friendly...
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
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 rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some point
Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin termDefinitionMeaningActa iure imperiiLegal
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