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Court of Appeal rules a limitation fund can be a guarantee as an alternative to a payment into court
  • Locke Lord LLP
  • United Kingdom
  • March 17 2014

In KAIROS SHIPPING LTD & STANDARD CLUB LTD V ENKA & CO LLC & ORS 2014 EWCA Civ 217, Karios sought a declaration that it was entitled to constitute a

This week at the UK regulators -10 March 2014
  • Clifford Chance LLP
  • United Kingdom
  • March 10 2014

Aside from the well publicised commencement of an internal investigation by the Bank of England in relation to allegations that officials condoned, or

Costs against non parties
  • Mills & Reeve LLP
  • United Kingdom
  • February 21 2014

While policy decisions around access to justice play a central role in supporting the existence of an ATE insurance market (so far undiminished by

Taking an interest in insurance
  • Burges Salmon LLP
  • United Kingdom
  • November 26 2013

This article briefly describes how a third party can take an interest in insurance cover and certain key issues to look out for when doing so. We

Outsourcing in the insurance sector
  • Bond Dickinson LLP
  • United Kingdom
  • February 20 2014

As is the case in many other sectors, outsourcing is frequently used by insurers across various aspects of their operations, from business processes

Sheelagh's deals: Court of Appeal revisits Harrison decision on 'unfair relationships'
  • Squire Patton Boggs
  • United Kingdom
  • December 16 2013

On 16 December 2013, the Court of Appeal handed down judgment on the unfair relationship provisions in Section 140A of the Consumer Credit Act 1974

Court rejects insurance claim of ship owners because of "fraudulent device" used in making claim
  • CBP Lawyers
  • United Kingdom
  • November 26 2013

The decision of Mr Justice Popplewell in the Commercial Court in England in Versloot Dredging BV & Anor v HDI Gerling Industrie Versicherung AG &

The PRA’s early warning indicators pressing on regardless
  • Locke Lord LLP
  • United Kingdom
  • November 12 2013

On 8 November 2013, the PRA asked the insurers and reinsurers participating in its Solvency II Internal Model Approval Process for data for the

Financial services updater - 4 February 2014: FCA PRA Handbook
  • Norton Rose Fulbright LLP
  • United Kingdom
  • February 4 2014

The PRA consults on administration instruments. An administration instrument is used to make corrections to PRA Handbook provisions. The corrections

FCA thematic review of unit-linked fund sector
  • A&L Goodbody
  • United Kingdom
  • November 6 2013

On 10 October 2013, the FCA published the results of its thematic review on the governance of unit-linked funds. The review identified no material