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 weekly highlights includes: AXA Insurance Plc v Maher; an analysis of an Aon Plc report on M&A cover; plus key cases...
Law360, London: Claims are increasing under insurance policies designed to protect dealmakers from unexpected liabilities identified after corporate...
This week's edition of Insurance weekly highlights includes: recent key cases and upcoming dates for your diary....
This week's edition of Insurance weekly highlights includes: PRA publishes PS13/26—Insurance third-country branches; HoL Committee launches inquiry...
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
Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid
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
0330 161 1234