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NEWS
This week's edition of Insurance weekly highlights includes: racecourses lose early fight in £80m coronavirus (COVID-19) insurance dispute; AXA France IARD S.A. v Santander Cards UK Ltd; The Members of the Probitas Syndicate 1492 At Lloyd's for the 2022 Underwriting Year of Account v Pro 2 Care Ltd; Delos Shipholding S.A. v Allianz Global Corporate and Specialty S.E.; AXA wins £675m missold PPI payout dispute with Santander; European reinsurer fined £1.79m over post-brexit failings; Is the FCA’s cautious approach to insurance hurting UK consumers?; PRA finalises UK ISPV reforms with fast-track authorisation and updated prudential guidance; EIOPA publishes follow-up report on outsourcing under Solvency II plus dates for your diary and key recent cases.
NEWS
This week's edition of Insurance & Reinsurance weekly highlights includes: Allianz beats theatre business attempt to revive coronavirus (COVID-19) claim; Russian airline kept jets to avoid unrest, lessor executive says; Home Office launches new crackdown on insurance fraud; EIOPA consults on draft technical advice on standard formula capital requirements for crypto assets; cases and decisions; key dates for your diary; and other news highlights reported over the past week.
NEWS
This week's edition of Insurance & Reinsurance weekly highlights includes: insurers must face £13bn Russia-stranded planes claims in UK; bias ruling offers guidance on disqualifying arbitrators (H1 v W); lawyer group ends challenge over fixed recoverable costs; the Association of British Insurers (ABI) publishes good practice guide on supporting autistic customers; the Bank of England (BoE) finds increasing fear of financial risk from AI; the European Insurance and Occupational Pensions Authority (EIOPA) launches its 2024 stress test; cases & decisions; key dates for your diary; and other news highlights reported over the past week.
NEWS
This week's edition of Insurance weekly highlights includes: PRA publishes final policy on firms’ approach to managing climate-related risks plus key cases and dates for your diary.
NEWS
This week’s edition of Insurance & Reinsurance weekly highlights includes: Chubb and Fidelis claim no liability in stranded jet disputes; insurance body urges motorists to verify coverage status; Zurich, Aon launch clean hydrogen insurance facility; EIOPA issues opinion on the supervision of captive insurer; EIOPA warns of real estate risk exposure; firms face increased scrutiny amid FCA focus on resilience; IAIS publishes Insurance Capital Standard implementation plans; IAIS publishes interim results of the Global Monitoring Exercise; cases & decisions; key dates for your diary; and other news highlights reported over the past week.
NEWS
This week's edition of Insurance weekly highlights includes: recent key cases and upcoming dates for your diary.
NEWS
This week's edition of Insurance weekly highlights includes: Motor insurance to face shake-up from driverless cars; Cyber-insurance seen as big growth area for UK SMEs; Boost fraud controls before law change, RSA urges insurers; New fraud law crackdown will take years, lawyers warn; FCA urged to intervene on 'novel length' insurance documents; What to note from FCA, government financial growth proposals; key cases plus dates for your diary.
NEWS
This week's edition of Insurance & Reinsurance weekly highlights includes: EIOPA consults on proposed natural catastrophes awareness tool; Government revises UK personal injury compensation rate; Severity of cyber risk 'widely underestimated' in UK; MHCLG consults on permitted insurance fees for landlords and freeholders; PRA modification by consent for Solvency II firms with US-parented groups; EIOPA publishes second round of consultations on Solvency II review implementation; IAIS and FSI release joint note examining parametric insurance for natural catastrophe risks; IAIS releases 2024 Global Insurance Market Report; cases and decisions; key dates for your diary; and other news highlights reported over the past week.
NEWS
This week's edition of Insurance weekly highlights includes: Henderson & Jones Ltd v Tysers Insurance Brokers Ltd; FCA publishes final report on Premium Finance market study; EIOPA seeks views on its supervisory statement on insurance undertakings owned by private equity firms; Solvency II: EIOPA consults on adaptation measures in NatCat insurance plus key cases and dates for your diary.
NEWS
This week's edition of Insurance & Reinsurance weekly highlights includes: 600 'shadow fleet' tankers carry Russian oil in breach of international sanctions, Allianz warns; Picturehouse wins insurance fee battle with landlord; Aviva warns British homeowners to be vigilant about the risk of fire to their homes and gardens as the country looks likely to experience the warmest spring for a century; Insurers' body widens salvage code to include EVs; Chubb denies £1.2m claim over NYT journalist's crash; CP25/12—FCA updates timeline for insurance rules simplification response; FCA CEO responds to Which? petition alleging unfair UK insurance practices; FCA to review if monthly insurance payments penalise poor; plus key recent cases and dates for your diary.
NEWS
This week's edition of Insurance weekly highlights includes: Katharine Braddick appointed CEO of the PRA; Insurance Europe calls for stop-the-clock and clearer, proportionate IRRD implementation plus key cases and dates for your diary.
NEWS
This week's edition of Insurance & Reinsurance weekly highlights includes: government flood plan shortcomings risk coverage, scheme warns; Greensill, Gupta deny conspiracy in Zurich insurance dispute; EU report identifies ways to build climate resilience and tackle insurance protection gap; embedding Consumer Duty—six areas firms should prioritise; cases & decisions; key dates for your diary; and other news highlights reported over the past week.