Understanding the nuances of different insurance types is crucial for legal professionals in the Insurance & Reinsurance field. This topic provides comprehensive guidance to help you navigate the specific legalities and regulatory frameworks associated with various insurance products. Access in-depth materials designed to clarify obligations, mitigate risks, and ensure compliance, empowering you to offer informed and effective advice to your clients.
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...
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...
Reinstatement of insured property after a lossWhat is reinstatement?Reinstatement is the repair or replacement of property so that it is in the same condition or a materially equivalent condition to that which it was in prior to the loss occurring. The wording of reinstatement clauses, however,
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
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
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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