Last summer's hail loss has crept significantly for many Italian cedants....
In the familiar, lies the unseen
We like to look at boilerplate language with fresh eyes and so taking the recent case of Dassault Aviation SA v Mitsui Sumitomo Insurance Co Ltd [2024] EWCA Civ 5 as a jumping off point, we consider the potential tensions,...
We like to look at boilerplate language with fresh eyes and so taking the recent case of Dassault Aviation SA v Mitsui Sumitomo Insurance Co Ltd [2024] EWCA Civ 5 as a jumping off point, we consider the potential tensions,...
Article / 1 month ago
Media
The Economic Crime and Corporate Transparency Act (ECCTA) received Royal Assent in October this year...
The Economic Crime and Corporate Transparency Act (ECCTA) received Royal Assent in October this year...
Article / 2 months ago
Legal practices
In RSA v Tughans [2023] EWCA Civ 999, the Court of Appeal held that solicitors were entitled to cover for liability in respect of fees which they are contractually entitled to...
In RSA v Tughans [2023] EWCA Civ 999, the Court of Appeal held that solicitors were entitled to cover for liability in respect of fees which they are contractually entitled to...
Article / 2 months ago
France
We mentioned in last year's review the issue of coverage of operating losses when there is no physical damage, in the context of the Covid-19 pandemic...
We mentioned in last year's review the issue of coverage of operating losses when there is no physical damage, in the context of the Covid-19 pandemic...
Article / 2 months ago
Hurricane Otis hits Acapulco - the insurance issue
Acapulco, one of the main tourist destinations in Mexico, suffered extensive damage from Hurricane Otis when it struck on Wednesday 25 October 2023....
Acapulco, one of the main tourist destinations in Mexico, suffered extensive damage from Hurricane Otis when it struck on Wednesday 25 October 2023....
Article / 2 months ago
D&O
2023 continued to see ESG claims, which is not surprising when the World Business Council for Sustainable Development reported these types of claims have grown 25% in the last 30 years...
2023 continued to see ESG claims, which is not surprising when the World Business Council for Sustainable Development reported these types of claims have grown 25% in the last 30 years...
Article / 2 months ago
Brokers
Claims inflation has been a key theme throughout 2023. Inflationary pressure has required brokers to pay close attention...
Claims inflation has been a key theme throughout 2023. Inflationary pressure has required brokers to pay close attention...
Article / 2 months ago
What 6 key challenges will insurers face in 2024?
Climate change, Artificial Intelligence and ESG top this year's predictions in latest edition of Annual insurance review from international law firm RPC...
Climate change, Artificial Intelligence and ESG top this year's predictions in latest edition of Annual insurance review from international law firm RPC...
PR / 3 months ago
Storm Babet, flooding and the insurance implications
Subtropical cyclone Storm Babet is currently responsible for over 350 flood warnings in the UK, with more flood warnings expected later this week....
Subtropical cyclone Storm Babet is currently responsible for over 350 flood warnings in the UK, with more flood warnings expected later this week....
Article / 5 months ago
FSCS' annual report – historic claims but a present danger?
The FSCS has published its annual report for the 2022 – 2023 year. This shows a drop in compensation paid overall in comparison to the previous year but historic claims could still...
The FSCS has published its annual report for the 2022 – 2023 year. This shows a drop in compensation paid overall in comparison to the previous year but historic claims could still...
Article / 8 months ago