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Latest Insurance & Reinsurance News

US Supreme Court will not review Lloyd’s arbitration dispute

US Supreme Court will not review Lloyd’s arbitration dispute

The following Arbitration news provides comprehensive and up to date legal information on US Supreme Court will not review Lloyd’s arbitration dispute

Council for Licensed Conveyancers considers mandating cyber insurance

Council for Licensed Conveyancers considers mandating cyber insurance

The following Insurance & Reinsurance news provides comprehensive and up to date legal information on Council for Licensed Conveyancers considers mandating cyber insurance

An insured’s failure to notify pursuant to a condition precedent in a public liability policy (Arch Insurance v Philip McCullough)

An insured’s failure to notify pursuant to a condition precedent in a public liability policy (Arch Insurance v Philip McCullough)

The following Insurance & Reinsurance news provides comprehensive and up to date legal information on An insured’s failure to notify pursuant to a condition precedent in a public liability policy (Arch Insurance v Philip McCullough)

USA—War exclusion does not exclude Merck’s US$1.4bn cyber loss

USA—War exclusion does not exclude Merck’s US$1.4bn cyber loss

The following Insurance & Reinsurance news provides comprehensive and up to date legal information on USA—War exclusion does not exclude Merck’s US$1.4bn cyber loss

Featured Insurance & Reinsurance content

What is a contract of insurance?

What is a contract of insurance?

What is a contract of insurance?This Practice Note covers the legal framework and regulatory guidance to be considered in determining whether an...

Double insurance and contribution

Double insurance and contribution

Double insurance and contributionOverlapping insurance policesThere are various reasons why an insured may end up with overlapping insurance cover,...

Marine insurance—general principles

Marine insurance—general principles

Marine insurance—general principlesThis Practice Note describes the main principles of marine insurance as governed by the Marine Insurance Act 1906....

Reinsurance—essentials

Reinsurance—essentials

Reinsurance—essentialsThe parties to a reinsurance contract and reinsurance terminologyThe principal parties to any reinsurance contract are the...

Practice notes

ICOBS Insurance: Conduct of Business Sourcebook—application, general matters, distance communications, information about the firm and product information

ICOBS Insurance: Conduct of Business Sourcebook—application, general matters, distance communications, information about the firm and product...
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16th Nov
Practice notes

Sanctions clauses and the effect of sanctions on insurance policies

Sanctions clauses and the effect of sanctions on insurance policiesThe Practice Note entitled EU/UK financial and trade sanctions for insurers...
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Produced in partnership with Daniel Martin of HFW and James Neale of HFW 16th Nov
Practice notes

Exclusion clauses in insurance contracts

Exclusion clauses in insurance contractsWhat are exclusion clausesUnlike some exclusion or exemption clauses in ordinary contracts, an exclusion...
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Produced in partnership with Susie Wakefield of Shoosmiths 16th Nov
Practice notes

Insurance—duty of disclosure

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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16th Nov
Practice notes

Insurance agents and brokers

Insurance agents and brokersWhat is the difference between an agent and a broker?Where insurance is transacted through an intermediary, that...
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Produced in partnership with Ruth Hosking of Quadrant Chambers 16th Nov
Practice notes

Product liability and product recall insurance

Product liability and product recall insuranceWhat is product liability insurance?Product liability insurance provides an indemnity to a business in...
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Produced in partnership with Sam Tacey of Cooley (UK) LLP and Richard Hopley of Cooley (UK) LLP 16th Nov
Q&As

What is meant by an 'indemnity to principals' provision and an 'additional insured' provision? What are the practical differences in protection each affords to the principal/additional insured?

What is meant by an 'indemnity to principals' provision and an 'additional insured' provision? What are the practical differences in protection each...
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16th Nov
Practice notes

Decennial insurance

Decennial insuranceDecennial insurance is insurance that is taken out by contractors to cover costs associated with the potential collapse of a...
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Produced in partnership with David Savage of Charles Russell Speechlys LLP 16th Nov
Practice notes

The registration and regulation of friendly societies

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 M&G Advisory Services 16th Nov
Practice notes

Insurance reserves, claims data and loss development triangles

Insurance reserves, claims data and loss development trianglesThis Practice Note explains insurance industry practice in relation to loss reserves,...
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16th Nov
Practice notes

Glossary of insurance and reinsurance terms

Glossary of insurance and reinsurance termsA B C D E F G H I J K L M N O P Q R S T U V W X Y ZThis glossary includes useful (re)insurance and...
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16th Nov
Practice notes

Aggregating insurance claims and reinsurance claims

Aggregating insurance claims and reinsurance claimsAggregation—backgroundAggregation remains a major issue in the settlement of insurance and...
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Produced in partnership with Andrew Burns QC of Devereux Chambers 16th Nov
Practice notes

Liability insurance—notification of claims and circumstances and defence of claims

Liability insurance—notification of claims and circumstances and defence of claimsThis Practice Note provides guidance on notification provisions in...
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Produced in partnership with Julia Dias QC of 7KBW 16th Nov
Practice notes

Insurance Distribution Directive (IDD)—Insurance Product Information Document requirements

Insurance Distribution Directive (IDD)—Insurance Product Information Document requirementsIP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the...
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16th Nov
Practice notes

Insurance Distribution Directive (IDD)—background and legislative history

Insurance Distribution Directive (IDD)—background and legislative historyThe Directive (EU) 2016/97, Insurance Distribution Directive (IDD) repealed...
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Produced in partnership with Jacob Ghanty of Deloitte 16th Nov
Practice notes

Insurance Act 2015 (IA 2015)—essentials

Insurance Act 2015 (IA 2015)—essentialsIntroduction to the Insurance Act 2015The Insurance Act 2015 (IA 2015) received Royal Assent on 12 February...
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Produced in partnership with Oliver Saunders of Bryan Cave Leighton Paisner LLP 16th Nov

Popular documents

Joint, several, and joint and several liability

Joint, several, and joint and several liability

Joint, several, and joint and several liabilityContractWhere a contract is made by two or more parties it may contain a promise or obligation made by two or more of those parties. Any such promise may be:•joint•several, or•joint and severalWhether an undertaking is joint, several, or joint and

Perverting the course of justice

Perverting the course of justice

Perverting the course of justiceElements of the offence of perverting the course of justicePerverting the course of justice is a common law offence which can only be tried on indictment in the Crown Court. The elements of the offence are:•a person acts or embarks on a course of conduct•which has a

Involuntary manslaughter

Involuntary manslaughter

Involuntary manslaughterInvoluntary manslaughter—introductionManslaughter can be classified as either voluntary or involuntary. Voluntary manslaughter consists of those killings which would be murder (because the accused has the relevant mental element—hence the label voluntary manslaughter) but

Pre-trial and case management hearings in the Crown Court

Pre-trial and case management hearings in the Crown Court

Pre-trial and case management hearings in the Crown CourtCoronavirus (COVID-19): This Practice Note contains guidance on subjects impacted by the Coronavirus Act 2020 (CA 2020). CA 2020, among other measures, makes provision for the extended use of live links and audio links in criminal proceedings.