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A claim brought by Mariah Re is one of few cat bonds to have been triggered, and almost as quickly went into dispute.
The recent judgment in the Longchamp case has overturned accepted industry thinking in how bunkers and crew wages are dealt with in a hijacking.
Much will no doubt be written about the main provisions of the new Counter Terrorism and Security Bill.
Last year, the P5+1 reached an agreement with Iran to suspend certain EU and US sanctions against Iran in return for a curb on Iran’s nuclear programme.
The Court of Appeal has reached its conclusions in Mitsui Sumitomo Insurance Co (Europe) Ltd & Anor v The Mayor’s Office for Policing and Crime.
Mr Justice Jay’s judgment in Milton Furniture Ltd v Brit Insurance Ltd is a ringing reminder of the importance of an insured’s compliance with policy provisions relating to security.
Two recent cases have dealt with the obligation on (re)insurers to act in a business-like manner or to take business-like steps in the course of their claims handling or settlement.’...
The UK Financial Conduct Authority has turned its glare on brokers and perceives a potential conflict of interest among those who use ‘integrated models’ as a means to boost income.
Eurokey Recycling Ltd v Giles Insurance Brokers Ltd has provided helpful guidelines regarding the duties of an insurance broker in relation to the placement of business interruption insurance.
Post-Mitchell, there followed a number of first instance cases in which judges applied the Mitchell guidance to applications for relief from sanctions.
In Wellesley Partners LLP v Withers the defendant solicitors were found to be liable for damages in excess of £1.6m arising out of the unauthorised amendment of one very brief clause in an LLP agreement.
In West and another v Ian Finlay & Associates, the Court of Appeal reversed the finding of the court at first instance and held a net contribution clause to be valid and binding.
The recent Court of Appeal decision in Mehjoo v Harben Barker  EWCA Civ 358 provides guidance as to the limits of a professional’s duty to his client.
Cyber issues for insurers download
The continued dependence on electronic and network-based systems means that all businesses, regardless of their size or area of operation are increasingly exposed to cyber risks.
In Ageas (UK) Limited v Kwik-Fit (GB) Limited and AIG Europe Ltd, the High Court examined the legal authorities on measuring loss for breach of a warranty in a share and purchase agreement.
Insurance E-Brief — in brief download
The in-brief secton of Ince & Co’s Insurance E-Brief provides updates on recent legal developments and significant cases.
The International Maritime Organisation (IMO) has produced a draft Polar Code to cover all aspects of shipping in the Arctic and Antarctic areas.
Court of Appeal considers whether dishonouring LC bank has title to sue under indorsed bill of lading download
The Court of Appeal has given judgment in a case that has implications for all traders who rely on letters of credit for payment security in their sale and purchase transactions.
Bill of lading ‘law and arbitration’ clause incorporates charterparty court jurisdiction provision download
This dispute concerns a claim for cargo damage of around $1m under a bill of lading on the Congenbill 1994 standard form.
A recent decision from the Commercial Court provides useful guidance on the construction of clause 8 of the popular GAFTA 49 form.