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NEWS
This week's edition of Insurance & Reinsurance weekly highlights includes: a statement from the ESAs calling for a supervisory approach that mitigates ICT risks stemming from frontier AI models plus key cases and dates for your diary.
NEWS
This week's edition of Insurance & Reinsurance weekly highlights includes: All-Risk insurers demand war-risk payouts as stranded jet trial continues in London; Marsh loses appeal to Axe Chemical Co's negligence claim; Banks, insurers told to go further on managing climate risk; Insurers call for tougher line on cladding after Grenfell; Man sentenced over £60k coronavirus (COVID-19) travel insurance fraud; City struggles with compliance amid post-Brexit rule shifts; Five years on, dust settles on UK insurance’s Brexit upheaval; EIOPA consults on revised Guidelines on the methods for determining the market shares for limited reporting requirements; EIOPA issues Annual Report on Insurance Distribution Directive Sanctions for 2023; EIOPA publishes technical advice on new Solvency II proportionality framework; EIOPA recommends updates to standard formula capital calibrations for natural catastrophe risks in insurers; 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: insurance ruling stresses high hurdle to fix policy wording; UK insurers sign cooperation deal with Gibraltar; Ireland fast-tracks failed insurers reform after EU warning; ESAs call for enhanced supervision and improved market practice on sustainability-related claims; FCA doubles down on new priorities with target ID plan; cases & 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: the case of Lonham Group Ltd v Scotbeef Ltd and another company; Swiss Re expects less than US$700m hit from LA wildfires; Private equity drives 60% of insurance broking M&A; FCA abolishes requirement for Consumer Duty champions; FCA speech announces regulatory reforms and wholesale insurance changes; Insurers could take hit from FCA premium finance action; EIOPA publishes peer review findings on Solvency II stochastic valuation supervision; 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: Reinsurers say bank filed Russian jet engine claim too late; Ms Amlin Marine NV (on behalf of Ms Amlin Syndicate AML/2001) v King Trader Ltd; Zurich launches 'moonshot factory' AI insurance lab; Firms that overstate AI capabilities face risks, insurer warns; MoJ launches call for evidence on whiplash reform programme; Sharp rise in 'nationally significant' UK cyberattacks; PRA and FCA publish joint guidelines on Berne Financial Services Agreement; Financial Services (Overseas Recognition Regime Designations) Regulations 2025; PRA outlines insurance innovation initiatives including captives regime consultation; plus key cases and dates for your diary.
NEWS
This week's edition of Insurance & Reinsurance weekly highlights includes: Lloyds Development Ltd v Accor HotelServices UK Ltd; Mode Management Ltd v AXA Insurance UK Plc; Allianz life hack attack exposes most clients' info; the Financial Conduct Authority (FCA) publishes multi-firm review findings on climate-related disclosures by asset managers, life insurers and FCA-regulated pension providers; the European Insurance and Occupational Pensions Authority (EIOPA) publishes Opinion on application of insurance legislation to AI systems; EIOPA's July 2025 Insurance Risk Dashboard shows stable sector with areas of concern plus dates for your diary and key recent cases.
NEWS
This week's edition of Insurance & Reinsurance weekly highlights includes: the Spring Budget 2024; broker Marsh expands Ukraine war insurance facility; business owners fail to prove coronavirus (COVID-19) impact, insurer says; a rare look at judicial interpretation of LEG exclusions; the Financial Conduct Authority (FCA) says Grenfell reinsurance scheme will cut premiums; the European Insurance and Occupational Pensions Authority (EIOPA) research probes reasons behind consumers’ reluctance to taking out natural catastrophe insurance; FCA begins crackdown on poor-value insurance products; the Prudential Regulation Authority (PRA) set out its final policy on elements of the Solvency UK policy; 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: Supreme Court Judgment regarding furlough payments in coronavirus (COVID-19) BI claims (Gatwick Investment v Liberty); UK Insurance Ltd v Hassankhail; EIOPA consults on its draft technical advice on insurance guarantee schemes; EIOPA publishes insurance risk dashboard for April 2026 plus key cases and dates for your diary.
NEWS
This week's edition of Insurance & Reinsurance weekly highlights includes: Insurers braced for major losses on Spain floods; Spain resumes application to enforce €855m award on insurers; Marsh launches insurance for carbon credit fraud; Council of the EU adopts amendments to Solvency II and new IRRD rules; FCA reopens DP24/1 on regulation of commercial and bespoke insurance business; 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: insurer loses application to axe 'time barred' housing association claim; insurance rulings show court hesitancy to fix policy errors; crashes top US$15bn aviation insurance claims; brake put on motor insurance prices for first time in two years; natural catastrophe losses in 2024 hit US$62bn; EIOPA publishes consultation on new proportionality regime under Solvency II; cases & decisions; key dates for your diary; and other news highlights reported over the past week.
NEWS
This week's edition of the Insurance & Reinsurance weekly highlights includes: case analyses on the recent cases of Aercap v Aig and Dassault Aviation v Mitsui Sumitomo Insurance; British Insurance Brokers’ Association (BIBA) urges the government to reduce insurance premium tax; broker WTW launches insurance for endangered coral reef; FCA sends notice to provide information on incidents of non-financial misconduct to the wholesale insurance market; 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: Oceanus Capital SARL v Lloyd's Insurance Company S.A. (M/V ‘Vyssos’); Vivid Housing Limited v Allianz Global Corporate & Specialty SE plus key cases and dates for your diary.