Insurance

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  • PRA consultation paper on the eligibility of guarantees as unfunded credit protection

    Blog Post

    Inviato: 06 March 2018

    Under the Basel III reforms, can trade credit insurers offset their credit risk using a trade credit policy?

  • VAT, fixed establishments and supplies into the UK using a related UK party

    Articolo

    Inviato: 12 February 2018

    An overseas company which supplied insurance through a related company in the UK did not have a fixed establishment in the UK. Accordingly, supplies by the UK broker to the company were supplied outside of the EU and the broker was able to recover input tax attributable to those supplies.

  • Legal Headwinds: Insurance Q1 2018 Accesso limitato

    Articolo

    Inviato: 09 February 2018

    This report focuses on key regulatory developments relevant to insurance companies. It looks at future developments, rather than being a retrospective analysis. We outline what is relevant this quarter and beyond.

  • Scope of notification of circumstances under a professional indemnity policy

    Blog Post

    Inviato: 08 February 2018

    This blog post looks at the case of Euro Pools v Royal Sun Alliance. Tricky questions can arise around the scope of an insured’s notification of “circumstances” under claims-made policies, particularly in the context of an ongoing investigation and evolving facts.

  • Scope of Notification: a narrowing of approach?

    Articolo

    Inviato: 06 February 2018

    This article considers the principles to be applied when assessing the scope of a notification of “circumstances” by an insured, and looks at the recent decision of Euro Pools Plc. v Royal and Sun Alliance Insurance Plc. [2018] EWHC 46 (Comm).

  • Withdrawal of VAT insurance exemption for pension fund management provided by insurers

    Articolo

    Ultima consultazione: 01 February 2018 / Inviato: 09 October 2017

    HMRC will withdraw their policy of allowing insurers to treat supplies of fund management services as VAT exempt insurance with effect from April 2019.

  • FCA consultation CP17/39 includes proposed changes to Ch. 8 Employers Liability insurance reporting rules

    Blog Post

    Inviato: 11 January 2018

    Read our latest insurance blog: CP/17/39 will be of potential interest to mutual insurers, as well as all firms required to produce an employers’ liability register in complying with the requirements of the Insurance Conduct of Business Sourcebook (ICOBS) 8 Annex 1.

  • Simply the best?

    Blog Post

    Inviato: 13 December 2017

    Declaration granted that defendant reinsurers liable to claimant insurers despite no evidence of reinsurance policy documents. A useful reminder of the application of the best evidence rule, and the operation of the s. 29(5) “acknowledgment of liability” trigger for extending limitation periods.

  • Take a blue sky view: alternative torts to negligence

    Articolo

    Inviato: 12 December 2017

    When considering a claim (or counterclaim) in tort, many lawyers’ thoughts begin and end with negligence. The law of tort addresses non-contractual civil wrongs of many kinds, however.

  • Settlement with multiple defendants: a note of caution

    Articolo

    Inviato: 12 December 2017

    When seeking to settle a claim involving multiple defendants (or potential defendants), there are a number of traps for the unwary.

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