Showing 72 out of 92 results
Policyholder recovers agreed value of loss despite potential for ‘over-compensation’
The NSW Supreme Court has allowed a policyholder to recover an agreed value of loss, notwithstanding that it may have been ‘over-compensated’ for the …
Frictionless trade? UK-EU customs relations post-Brexit
On 15 and 16 August 2017 the UK Government published two papers setting out its proposals for UK-EU customs relations post-Brexit. While these …
FCA consults on extending the SMCR to insurance intermediaries
The FCA has published proposals to extend the Senior Managers and Certification Regime (SMCR), which already applies to banks, to other financial …
Policyholder recovers costs of ‘voluntary’ remediation works
The NSW Supreme Court has granted coverage to a policyholder for the costs of ‘voluntarily’ remediating accidental damage (contamination) to adjacent …
Qatari diplomatic ties severed – Implications for business
Middle Eastern neighbours have cut diplomatic ties and transport links with Qatar. How will business be hit?On Monday 5 June 2017, Saudi Arabia, the …
Policyholders may still secure cover despite non-disclosure
If a policyholder fails to disclose information they could reasonably be expected to know to be relevant to the risk for which they are seeking …
Take care when it comes to policy conditions
Australian Courts have previously made clear that there is a heavy burden of proof and a number of obstacles for an insurer to decline a claim on the …
Insurer huffs and puffs… but policyholder’s claim stands
A policyholder whose negligence led to the catastrophic destruction of a residential home in Brisbane has secured liability insurance coverage in a …
Key governance developments: At a glance guide for insurers
The governance landscape for insurers continues to develop following the introduction of the Senior Insurance Managers Regime last year and PRA …
Insurer’s poor punctuation helps claimant to secure coverage
Comma sense prevails, as a recent decision of the NSW Court of Appeal1 reminds us of the importance of grammatical accuracy and a Court’s tendency to …
Regulatory developments in insurance sector in Indonesia: Potential impact on insurance M&A
It has been over two years since the Indonesian Insurance Law (“Insurance Law 2014”) was passed into law by the Indonesian House of Representatives …
TREASURY COMMITTEE INQUIRY INTO SOLVENCY II - THE CASE FOR CHANGE
The House of Commons Treasury Committee ("TC") is looking at the case for changing, or even replacing, Solvency II in a post-Brexit world. Its inquiry …
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