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Insurance and Reinsurance Blog

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Product law bulletin - December 2023

European Union, United Kingdom - December 7 2023 On 1 August 2023, the Department for Business and Trade Announced an indefinite extension to the use of CE marking For businesses. There are around 2…

Project Angel Bidco v AXIS - what are the key takeaways for warranty and indemnity insurers?

United Kingdom - November 30 2023 On 31 October 2023, the London Circuit Commercial Court gave judgment in Project Angel Bidco Limited (in administration) v Axis Managing Agency…

Wordings do matter

United Kingdom - November 6 2023 Contract drafting has been brass tacks for lawyers since the dawn of time. In its broadest terms, it involves putting the scope of a bargain reached…

Source@RPC - October 2023

United Kingdom - October 31 2023 The aim of Source@RPC is to provide lawyers, procurement professionals and CIOs/CTOs (amongst others) with a regular update on the legal implications…

Storm Babet, flooding and the insurance implications

United Kingdom - October 24 2023 Subtropical cyclone Storm Babet is currently responsible for over 350 flood warnings in the UK, with more flood warnings expected later this week…

General Liability newsletter - September 2023

United Kingdom - September 21 2023 Welcome to the latest edition of our general liability newsletter. In this edition we look at changes to the fixed recoverable costs (FRC) regime. We…

Court of Appeal finds in favour of FSCS on scope of the Policyholder Protection Rules (PRR)

United Kingdom - September 14 2023 Tamsin Hyland explores the recent judgment of R (On the application of Manchikalapati v FSCS [2003] EWCA Civ 1006 and its relevance to insurance…

Are settlements covered under liability policies if not consented to by the insurer? Does it make any difference if the insured was told to "act as a prudent uninsured"

United Kingdom - September 13 2023 In the recent case of Technip Saudi Arabia Limited v The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company [2023] EWHC 1859 (Comm)…

The El Niño year and impact on subsidence claims

United Kingdom - July 13 2023 Insurers should be bracing for a wave of subsidence claims arising from the increasingly warm weather. The UN’s World Meteorological Organization…

What does the FRC's proposed corporate governance overhaul mean for D&O exposures?

United Kingdom - July 4 2023 The current 2018 version of the Code is mandatory for premium listed companies and voluntary for private companies, and as such acts as a guide to…