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The financial report May 1, 2014 - news from Europe
  • DLA Piper LLP
  • European Union, United Kingdom
  • May 1 2014

The European Banking Authority and the Bank of England separately announced the release of their respective methodologies and macroeconomic scenarios

PRA publishes supervisory statement on capital extraction by general insurance firms in run-off
  • Norton Rose Fulbright LLP
  • United Kingdom
  • May 1 2014

Also on April 25, the PRA published SS 414: Capital extractions by run-off firms within the general insurance sector. The aim of the supervisory

Just a fishing trip for policy details or a valid disclosure request?
  • Mills & Reeve LLP
  • United Kingdom
  • April 24 2014

Claimants and their solicitors are keen to obtain as much information as possible about defendants' insurance arrangements but what is an insured

Perils of the seas needn’t be too perilous
  • DLA Piper LLP
  • United Kingdom
  • December 20 2013

When the cargo vessel "Irene EM" grounded on 30 October 2009 in the Gulf of Khambhat, underwriters declined cover as the loss was not caused by a

FCA: temporary product intervention rules
  • Locke Lord LLP
  • United Kingdom
  • December 7 2012

On 3 December 2012, the FSA published its consultation on "The FCA's use of temporary product intervention rules"

ABI report on board effectiveness 2012
  • Shepherd and Wedderburn LLP
  • United Kingdom
  • February 11 2013

The ABI has just published its 2012 report on board effectiveness. This report aims to provide an update on the current status of corporate reporting

Motor insurer undertakes to change unclear policy terms
  • Dentons
  • United Kingdom
  • February 15 2013

FSA has announced that BISL Limited, which arranges and manages motor insurance policies for its own and other major brands, has agreed to an

No longer noting your interest
  • William Fry
  • Ireland, United Kingdom
  • December 5 2012

In May 2012, the Irish Insurance Federation’s agreement with the Irish Banking Federation regarding the practice of noting Banks’ interests on policies came to an end

Supreme Court confirms extended warranties can be regulated insurance products
  • Herbert Smith Freehills LLP
  • United Kingdom
  • February 18 2013

The Supreme Court has confirmed that extended warranties on consumer goods can be "contracts of insurance" falling under the regulation of the

FSA consultation: tracing employers’ liability insurers
  • Kennedys Law LLP
  • United Kingdom
  • October 29 2012

Claims for work related illness are on the increase