Insurance

News

hire

DWF takes on Clydes reinsurance co-head ahead of IPO listing

In its biggest pre-listing lateral hire to date, DWF has brought in Clyde & Co partner and global co-head of reinsurance David Abbott. Abbott joined Clydes as part of the 2012 merger with Barlow Lyde & Gilbert having started work there in 1998. It is thought that he will not have to serve his full […]

Exit sign

Ince exits continue as more details of tie-up emerge

Ince & Co offshore energy duo Renaud Barbier-Emery and Jonathan Goldfarb have become the latest partners to leave the firm as it prepares for its reverse takeover by AIM-listed Gordon Dadds. The pair are joining Norwegian firm Wikborg Rein’s London office as partners. They will be joined by several members of junior legal staff who […]

Hong Kong

Paul Hastings Hong Kong chair moves in-house for global GC role

Paul Hastings’ Hong Kong partner and office chair Steve Winegar has moved in-house, taking up a new role as international general counsel at Chinese insurance giant Ping An. The move will see Winegar returning to an in-house position in the financial sector. He joined Paul Hastings as a corporate partner in 2010 from Goldman Sachs, […]

farm countryside

NFU Mutual cuts three firms from panel

The National Farmers Union’s (NFU) insurance arm has cut its panel firms from seven to four, with DWF among those winning a place. DWF has been added to the line-up for NFU Mutual, while DAC Beachcroft has retained its place. The two other firms on the roster are Scottish-based BTO Solicitors and Belfast-headquartered John McKee […]

Analysis

Have we forgotten how to listen?

We shout a lot these days and we seem to have forgotten how to listen. Even if we are listening it is, more often than at any time in the history of mankind, within our own bubble as we plug in the earphones and pull up the audio drawbridge. There’s a lot of shouting on […]

Featured Briefings

Risks for liability insurers and their insureds: #MeToo

By Susie Wakefield, Antonia Blackwell One year on from #MeToo, Bloomberg estimates at least 425 prominent people across industries had been publicly accused of sexual misconduct. These headlines have brought the issue of how employers tackle sexual harassment in the workplace into the spotlight. In addition to dealing with any allegations of sexual harassment, organisations will […]

Portugal: An introduction to insurance

The insurance M&A activity during 2017 followed the consolidation trend of the previous years, with a number of sales procedures of insurance companies being completed or initiated during this period. Similar to the previous years, these sales procedures attracted mainly foreign investors (particularly China-based), thus the control of the insurance sector has become more and […]

Landlord insurance obligations: High Court limits protection for tenants

By Jeremy Moore, Will Cousins The High Court has ruled that the extent of a landlord’s obligation to obtain insurance for the benefit of itself and a tenant will depend on the construction of a lease. In a recent case, the obligation placed on a landlord to protect its tenant’s interests by obtaining insurance for its benefit […]

IRDA clarifies implementation of Compulsory Personal Accident (CPA) insurance for owner drivers

The Insurance Regulatory Development Authority of India (IRDAI) has issued a circular ref. IRDAI/NL/CIR//MOTP/170/10/2018 dated 9 October 2018 (Revised Circular) providing certain clarifications regarding the implementation of Compulsory Personal Accident (CPA) insurance for owner drivers. The Revised Circular has been issued in light of complaints and communications received from various stakeholders regarding certain aspects of […]

Romania: Amendments to the tax law as of 1 January 2019

By Theodor Artenie, Anamaria Tocaci, Alexandra Barbu Emergency Ordinance No. 114/2018, on the establishment of measures in the field of public investments and of fiscal-budgetary measures, the amendment and supplementation of some normative acts and the extension of some deadlines, recently introduced a series of legal changes with a fiscal impact. Below we summarise the most important changes in […]

New requirements for Bermuda general and composite insurers commence on 1 January 2019

By Mary V Ward, Henry Tucker On the first of January new requirements for Bermuda general and composite insurers commence to ensure that Bermuda maintains an effective insurance regulatory and supervisory infrastructure. This briefing gives a high level reminder of the amendments. Bermuda’s Insurance Amendment (No.2) Act 2018 made some important amendments to the Insurance Act […]

When an occupier’s waste becomes a landowner’s problem

By Angus Evers, Joanne Sears A landowner has been convicted and fined after his tenants illegally stockpiled waste wood on his land. This is just the latest in a series of cases brought by environmental regulators against landowners whose tenants have committed waste-related offences, and all the indications are that this trend will continue. As we […]

HMRC releases long awaited guidance on how cryptoassets will be taxed on individuals

By Dominic Cole HMRC has released the long awaited guidance on how cryptoassets will be taxed on individuals. There are very few surprises in the paper, although there are plenty of caveats made such that HMRC may amend its approach if there are unexpected consequences. There are interesting points to read on forks and mining.  Further, […]

Romania: Remedy of recourse no longer available in insurance litigation

By Adina Jivan, Andrea Gal  Court decisions in insurance litigation are no longer subject to recourse, following a recent legal amendment which came into effect on 21 December 2018. The legal amendment was introduced by the law amending and completing Law No. 134/2010 on the Civil Procedure Code, as well as amending and completing other normative acts (the “Law”), […]

Implications of Brexit on Guernsey and Jersey

By Christopher Anderson, Robert Milner The Bailiwick of Guernsey (comprised of the islands of Guernsey, Alderney, Sark and Herm) (“Guernsey”) and the Bailiwick of Jersey (“Jersey“) form the Channel Islands, situated in the Bay of St Malo off the northwest coast of France. Although closely connected to the United Kingdom, the Channel Islands are not subject to […]

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