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 an analysis of war risks and governmental risks exclusions and the broader...
Insurance & Reinsurance analysis: In this article, Chris Neilson, partner, and Alison Tasker, managing associate at Mishcon de Reya, consider the...
This week's edition of Insurance & Reinsurance weekly highlights includes: Insurers remain liable for Petrofac executives’ bribery defence costs, plus...
Law360, London: The Law Commission said the government should simplify legislation for the insurance mutuals sector, saying the rules concerning...
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
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
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
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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