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.
This week's edition of Insurance & Reinsurance weekly highlights includes: Insurers' application to withdraw Petrofac executives' cover before bribery...
Law360, London: Nine Lloyd's insurers are seeking to avoid covering the criminal defence costs of two former Petrofac International Ltd executives...
This week's edition of Insurance & Reinsurance weekly highlights includes key cases and dates for your diary....
This week's edition of Insurance & Reinsurance weekly highlights includes: FCA names first solo-regulated firms to join Scale-up Unit, PRA publishes...
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,
Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application
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
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