Insurance

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  • Insurance Block Exemption Regulation expired - what now?

    Article

    Submitted: 18 April 2017

    The Insurance Block Exemption Regulation exempted specific types of cooperation in the insurance sector from the scope of Article 101 TFEU. On 31 March 2017, the Regulation expired and the Commission will not renew it.

  • Lender beware: negligent accountants escape liability for loans discharged by a re-finance

    Blog Post

    Submitted: 13 April 2017

    An update to Lowick Rose LLP (in liq) v Swynson Ltd & Hunt [2017] UKSC 32.

  • Construction professionals beware

    Blog Post

    Submitted: 12 April 2017

    On 07 April 2017, the Court of Appeal upheld the first instance decision in Burgess v Lejonvarn - in which it was held that an architect who provided assistance to her friends for free, owed a duty of care in tort when carrying out those services (despite it being found that no binding contract was in place).

  • Third party funding of claims in Asia

    Blog Post

    Submitted: 07 April 2017

    Continuing on the theme of litigation funding, both Hong Kong and Singapore have taken steps to allow third party funding for arbitration claims.

  • Kenya budget statement includes legislative amendment proposals for Islamic finance

    Article

    Submitted: 05 April 2017

    In his ‎Budget Statement for the Fiscal Year 2017/2018, Mr. Henry K. Rotich, EGH Cabinet Secretary for The National Treasury of the Republic of Kenya, included details of proposed legislative amendments relating to Islamic finance.

  • Two key Supreme Court decisions for solicitors and their professional indemnity insurers Restricted access

    Conference Call

    Submitted: 05 April 2017

    ​Felix Zimmermann and Olivia Darlington recently held a client call providing an overview of the key issues arising out of two Supreme Court judgments.

  • Simmons & Simmons Insurance Insight

    Article

    Submitted: 30 March 2017

    New blog post: Regulation on litigation funding

  • VAT and on-supplied insurance

    Article

    Submitted: 24 March 2017

    The Upper Tribunal has held that an on-supply of insurance at a small profit qualified as an exempt supply even though the recipient could not directly enforce the insurance.

  • Another door into South America

    Blog Post

    Submitted: 24 March 2017

    On 01 January 2017, Argentina started a gradual opening of its reinsurance market to Admitted Reinsurers (Lloyd’s being one of them).

  • VAT and tripartite supplies

    Article

    Submitted: 23 March 2017

    The Upper Tribunal has applied the approach set out by the Supreme Court decision in Airtours to two scenarios involving tripartite arrangements concerning provision of temporary workers and car repairs undertaken by an insurer.

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