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Prolonged low interest rate environment poses real challenge for insurers
- Matheson
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- United Kingdom
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- April 22 2013
On 4 March 2013, EIOPA published an Opinion on Supervisory Response to a Prolonged Low Interest Rate Environment. In summary, the Opinion states as
‘No transaction’ damages in professional negligence cases
- Matheson
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- Ireland, United Kingdom
- -
- January 15 2013
A number of recent High Court decisions have involved cases in which lenders have taken action against their former legal advisors for negligence
What are unfair terms in insurance contracts?
- Matheson
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- Ireland, United Kingdom
- -
- April 23 2012
The United Kingdom’s Financial Services Authority (the “FSA”) recently published a notice of an undertaking given by AXA Insurance UK plc (“AXA”) under which AXA agreed not to use certain terms in its contents and buildings insurance policies
Are ‘extended warranties’ insurance products? The UK High Court decides
- Matheson
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- United Kingdom
- -
- January 24 2012
The recent decision of the England and Wales Court of Appeal in the case of Re Digital Satellite Warranty Cover Ltd & Ors 2011 EWHC 122 (CH) has clarified that extended warranties for the repair or replacement of consumer goods in the event of breakdown or malfunction can be regulated insurance products, with the consequence that the providers of such warranties in the United Kingdom are subject to regulation by the Financial Services Authority (“FSA”
Piracy seizure, ransoms and public policy
- Matheson
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- United Kingdom
- -
- May 3 2011
In the matter of Masefield AG v Amlin Corporate Member Limited, the UK Court of Appeal recently clarified the law in relation to total losses and the legality of ransoms in the context of piracy and marine insurance coverage
Inherent vice - UK Supreme Court clarifies law in maritime claims
- Matheson
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- United Kingdom
- -
- May 3 2011
In the matter of Global Process Systems Inc.& Another -v- Syarikat Takaful Malaysia Bhd 2011 UKSC 5, the UK Supreme Court provided a ruling on inherent vice in the marine insurance context
Financial regulator takes stand to save Quinn Group from itself - implications for the UK insured
- Matheson
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- Ireland, United Kingdom
- -
- July 22 2010
On 15 April 2010, the High Court confirmed the appointment of a full-time administrator to Quinn Insurance, Ireland's second-largest insurance company
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- Firm Name - Matheson
- Jurisdiction - United Kingdom
- Workarea - Insurance & Reinsurance