Insurers routinely manage their exposure to risk by entering into an arrangement whereby the insurer retains direct liability to policyholders, but a proportion of the risk is transferred, in exchange for part of the premium. The most common form of risk management is reinsurance. For information about reinsurance,...
To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.
**Trials are provided to all LexisNexis content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisNexis services please email customer service via our online form. Free trials are only available to individuals based in the UK, Ireland and selected UK overseas territories and Caribbean countries. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
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...
Law360, London: Nine Lloyd's insurers were unsuccessful in their initial bid to avoid covering the criminal defence costs of two former Petrofac...
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
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
0330 161 1234