Understanding the roles and responsibilities of intermediaries is crucial for legal professionals in the insurance and reinsurance sector. This topic provides essential insights and practical guidance on market practices, regulatory requirements, and the evolving landscape of intermediary activities. Stay updated on the latest developments and ensure compliance with industry standards. Enhance your expertise and effectively advise your clients by delving into the detailed aspects of the intermediary market.
This week's edition of Insurance & Reinsurance weekly highlights includes: EIOPA’s technical advice on minimum common standards for insurance...
This week's edition of Insurance & Reinsurance weekly highlights includes: Insurers' application to withdraw Petrofac executives' cover before bribery...
Law360, London: Nine Lloyd's insurers are seeking to avoid covering the criminal defence costs of two former Petrofac International Ltd executives...
This week's edition of Insurance & Reinsurance weekly highlights includes key cases and dates for your diary....
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...
Insurance agents and brokersWhat is the difference between an agent and a broker?Where insurance is transacted through an intermediary, that intermediary is usually either an insurance agent (who normally acts as an agent of a particular insurer or insurers) or an insurance broker (who normally acts
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
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
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