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Practice notes
Subrogation in insurance and reinsuranceWhat is the right of subrogation?In the context of insurance and reinsurance, the right of subrogation...
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Produced in partnership with Eleanor Ruiz of Reed Smith and Mark Pring of Reed Smith 19th May
Practice notes
The principle of subrogationSubrogation is the right of an insurer, once it has made payment to its insured for loss covered by an insurance policy,...
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19th May
Practice notes
Liability of the reinsurer to the insolvent insurance companyEffect of liquidation on reinsurance recoveriesWhen an insurer goes into liquidation, its...
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19th May
Practice notes
Brexit—exiting the EU under Article 50 [Archived]ARCHIVED: This Practice Note has been archived and is not maintained.This Practice Note contains...
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Produced in partnership with Adam Cygan of University of Leicester 19th May
Practice notes
The registration and regulation of friendly societiesWhat is a friendly society?There has been a system of registration, and with it regulation, of...
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Produced in partnership with John Gilbert of Hogan Lovells International LLP 19th May
Practice notes
Double insurance and contributionOverlapping insurance policesThere are various reasons why an insured may end up with overlapping insurance cover,...
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Produced in partnership with Susie Wakefield and Matthew Brown of Shoosmiths LLP 19th May
Practice notes
Sanctions clauses and the effect of sanctions on insurance policiesIP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit...
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Produced in partnership with Daniel Martin of HFW 19th May
Practice notes
What is a contract of insurance?This Practice Note covers the legal framework and regulatory guidance to be considered in determining whether an...
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Produced in partnership with RPC 19th May
Practice notes
Forms of reinsurance and terminologyThe parties to a reinsurance contract and reinsurance terminologyThe principal parties to any reinsurance contract...
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19th May
Practice notes
Insurance reserves, claims data and loss development trianglesThis Practice Note explains insurance industry practice in relation to loss reserves,...
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19th May
Practice notes
Conduct Rules for SM&CR FirmsBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation...
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Produced in partnership with Mark Compton and Lauren Smith of Mayer Brown International LLP 19th May
Practice notes
Warranty and Indemnity (W&I) insurance in private M&A transactions—guide to the key documentsWith the significant rise in the use of Warranty and...
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Produced in partnership with Adrian Furlonge of Hemsley Wynne Furlonge LLP 19th May
Practice notes
The functions and duties of insurance brokers—policy placementThis Practice Note provides a high level introduction to the functions and duties of...
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19th May
Practice notes
A guide to the Consumer Insurance (Disclosure and Representations) Act 2012Insurance contracts have always had an aura of mystery about them in the...
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Produced in partnership with Alexander Rosenfield of Fenchurch Law and John Curran of Fenchurch Law 19th May
Practice notes
Public liability insurance—basic insurance principlesPublic liability insurance contractsInsuring clausePublic liability insurance indemnifies a...
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19th May
Practice notes
Insurance—duty of disclosureDuty of 'fair presentation'Under the Insurance Act 2015, s 3 (IA 2015), the insured has a duty to make a 'fair...
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19th May

Most recent Key developments content

Practice notes
Coronavirus (COVID-19)—consolidated Q&AsThis Practice Note contains a consolidated list of coronavirus (COVID-19) Q&As from across a number of...
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22nd Sep
Practice notes
Brexit timelineOn 23 June 2016, the UK held a referendum on its membership of the EU, with a majority voting in favour of the UK leaving the EU. On 29...
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21st Sep
Practice notes
Impact of Brexit: Packaged retail and insurance-based investment products (PRIIPs)—quick guideThis Regulation (EU) 1286/2014 on key information...
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20th Sep
Practice notes
Brexit legislation trackerThis Practice Note tracks the progress of UK legislation introduced as part of the legislative project associated with the...
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17th Sep
Practice notes
Brussels I (recast)—dealing with insurance mattersThis Practice Note will assist when seeking to determine which court has jurisdiction for an...
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Produced in partnership with Thomas Morgan of Reed Smith and Mark Pring of Reed Smith 16th Sep
Practice notes
Coronavirus (COVID-19)—business interruption insurance claims after the FCA test caseBusiness interruption insurance is typically sold as an extension...
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2nd Sep
Practice notes
EU and UK regimes for determining equivalence of third country insurance regulation regimesIntroductionThe regulation of insurance imposes burdens on...
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26th Aug
Practice notes
Brexit and financial services—the temporary permissions regime (TPR)This Practice Note considers the Financial Conduct Authority (FCA) and Prudential...
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22nd Aug
Practice notes
Retained Rome I—insurance contracts (art 7)This Practice Note is for use when determining applicable law where the contract was entered into on or...
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Produced in partnership with Mark Pring of Reed Smith 18th Aug
Practice notes
Rome I—insurance contracts (Art 7)This Practice Note looks at the insurance contract provisions in Regulation (EC) 593/2008 of the European Parliament...
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Produced in partnership with Mark Pring of Reed Smith 18th Aug
Practice notes
Coronavirus (COVID-19)—key financial services issuesBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit...
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18th Aug
Q&As
Brexit: Can UK businesses now ignore the proposed EU financial transactions tax?There are two schools of thought on how Brexit may prevent the...
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Produced in partnership with Hilary Barclay of Burges Salmon 16th Aug
Q&As
In the event of a no-deal Brexit, will claimants still have a direct right of action against motor insurers?This question relates to the European...
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Produced in partnership with Andrew Wilson 15th Aug
Practice notes
The status of EU law in the UK after Brexit This Practice Note provides background reading on the key forms and principles of EU law and legislation,...
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Produced in partnership with Carl Gardner of LexisNexis 12th Aug
Practice notes
Brexit—exiting the EU under Article 50 [Archived]ARCHIVED: This Practice Note has been archived and is not maintained.This Practice Note contains...
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Produced in partnership with Adam Cygan of University of Leicester 12th Aug
Practice notes
Introduction to retained EU lawThis Practice Note provides an introduction to retained EU law. It provides an overview of the key definitions and...
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Produced in partnership with Dr. Kieran Laird of Gowling WLG 12th Aug
Q&As
What is retained EU law?Retained EU law is a legal concept describing EU-derived legislation, rights and principles the UK plans to preserve in UK law...
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Produced in partnership with Mathias Cheung of Atkin Chambers 12th Aug
Q&As
Could the Brexit transition period be extended due to coronavirus (COVID-19)?Responding to the coronavirus (COVID-19) pandemic is impacting government...
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12th Aug
Q&As
In the context of Brexit, what is meant by the ‘transition or implementation period’?The term ‘transition or implementation period’ is used in the...
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12th Aug

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