Insurance and Reinsurance Briefings
Updated legal and regulatory calendars for financial institutions download subscription
With many legal and regulatory developments still to come in 2014, it is important for financial institutions to consider and understand these changes.
InSure — July 2014: FCA review into insurance price-comparison websites; Insurance Bill introduced; and more download subscription
Addleshaw Goddard has published the July 2014 issue of its InSure publication.
Mesothelioma survival rate and compensation: deaths continue to rise download subscription
New figures released by the Health and Safety Executive have indicated that the number of cancer deaths in the UK caused by asbestos exposure is continuing to rise.
Rector Report on reforming reserve financing transactions: much work remains — six developments download subscription
The PBR Task Force held a conference call to discuss comments to the modified recommendations to the report issued by Rector & Associates regarding reserve financing transactions.
The Life Insurance Amendment Act 2014 download subscription
The Life Insurance Amendment Act 2014 came into force last month and has introduced two important changes to Bermuda’s Life Insurance Act 1978.
The SRA proposals: will solicitors benefit? subscription
Is this referral affecting your impartiality? Federal Court backs ASIC in Walton wind-up download subscription
Michael Hughes reports on the decision of Justice Davies in the Federal Court of Australia refusing ASIC’s application to remove liquidators appointed to two companies.
Not just senior, but super senior — revolving credit facilities download subscription
Earlier this month, frozen food retailer Iceland Foods announced that it had refinanced its existing debt with a high-yield bond issue and a super-senior revolving credit facility.
Getting it right: how to make a successful application for the appointment of provisional liquidators download subscription
The main job of a judge is to determine and uphold rights of property ownership, so applications to appoint provisional liquidators tend to go against the judicial grain.
No duty to make reasonable adjustments for an employee associated with a disabled person download subscription
The Court of Appeal has held that an employer has no duty to make reasonable adjustments for a non-disabled employee associated with disabled people.
Employment Update: July 2014 — family-friendly rights download subscription
The states approved the proposed Employment (Amendment No 8) (Jersey) Law 201- on 18 July 2014.
MOrsel: States of Jersey vote to adopt a series of ‘family-friendly’ rights download subscription
The States of Jersey have passed an amendment to the Employment (Jersey) Law 2003, incorporating a number of ‘family-friendly’ rights into the legislation.
Lock-up agreements: ABI publishes best-practice recommendations download subscription
There has been a recent trend towards lock-up agreements being waived by the bank in whose favour they are given before the stated expiry date. The ABI has expressed concerns about the recent increased frequency of such waivers.
From the firm of the week
Transforming for growth: consumer business in the digital age download subscription
In this year’s Top of Mind Survey, 469 consumer executives were asked how technology and other consumer and industry trends were influencing their corporate strategies.
Growing the pipeline, growing the bottom line — shifts in pharmaceutical R&D innovation download subscription
As spending on pharmaceutical R&D continues to soar, executives, shareholders and analysts alike are entitled to ask: what value are we getting for our investment?
Mind the gap — unlocking investment in infrastructure download subscription
One of the biggest economic challenges facing governments and developers around the world is how to meet the growing demand for infrastructure development.
Confidential information: inspection of ex-employee’s computers download subscription
Protecting confidential information is understandably an important issue for most employers.
LLP member is a ‘worker’ download subscription
A member of an LLP is a ‘worker’ within the meaning of the Employment Rights Act 1996 and therefore qualifies for whistleblowing protection.
UK banking sector under investigation subscription
The CMA is consulting on a provisional decision to refer the market for the supply of retail banking services to PCA customers and to SMEs for a phase II market investigation.
Record custodial sentence for breach of fire safety download subscription
Most businesses are now aware that all breaches of health and safety legislation are treated extremely seriously by the courts.
Insurance and Reinsurance Analysis
The consumer insurance market has seen a fierce tussle for territory. Have the mega-firms won or has the war just begun?
Morgan Cole and Blake Lapthorn have finally decided that three’s a crowd and, after months of flirting with Boyes Turner, gone ahead with a traditional two-way merger.
As the renewal season for professional indemnity insurance approaches, insurers see the market hardening
The collapse of several insurers won’t worry the smart set, but it is likely to be a problem for smaller law firms
After-the-event insurance has been a popular way of protecting claimants against a loss in litigation but its future is now in question
Changes to the way solicitors insure themselves are kicking in this year. Our peer panel surveys the new landscape.
The ARP is on its way out and law firms are becoming more commercial, which should make renewals less fretful
Lawyers and underwriters are getting battle-ready for the new ATE arena as Jackson LJ’s litigation reforms approach