Delve into the intricacies of reinsurance with expert guidance crafted for legal practitioners in the Insurance & Reinsurance field. This resource offers essential insights to manoeuvre through reinsurance contracts, mitigate risks, and ensure regulatory compliance, empowering you to provide clients with informed, strategic advice.
This week's edition of Insurance & Reinsurance weekly highlights includes: a statement from the ESAs calling for a supervisory approach that mitigates...
This week's edition of Insurance weekly highlights includes: the PRA’s updated statement of policy on it’s approach to the publication of Solvency II...
This week's edition of Insurance & Reinsurance weekly highlights includes: the PRA’s consultation on amalgamations and transfer guidance for friendly...
This week's edition of Insurance weekly highlights includes: PRA and FCA consult on plan to allow firms to establish their own captive insurers in the...
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...
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
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
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