Legislation
Europe: Opportunities in Middle and Eastern Europe despite geopolitical risks
Despite the Russian-Ukraine crisis, 2014 brought hope of a revival for the regional market in Middle and Eastern Europe. Economic prospects have been positive, regardless of the continual geopo
Brokers welcome changes to 100-year old legislation as Insurance Bill gains Royal Assent
The British Insurance Brokers’ Association has welcomed the Insurance Act, which has today received Royal Assent.
India's Insurance Bill could open door for Lloyd's
Lloyd's is keen for India's long awaited Insurance Bill to be ratified by Parliament.
Legal Update: Ping-pong - it's not table tennis
Andrew Parker anticipates amendments to unfinished legislation as this parliament draws to a close
Editor's comment: What a difference a year makes
2014 is coming to a close and so much has happened but will insurers be sad to see it go? It was the year that started with Winter floods estimated to have generated a total bill of £500m and saw Labour Party Leader Ed Miliband demand insurers settle…
North of the Border: The ramifications of Smith
Following the Scottish referendum, the UK government established the cross-party Smith Commission to make proposals for devolution of further powers to the Scottish Parliament. These recommendations, if implemented, will see yet further differences…
Trade bodies fight for re-worded clauses to be restored to Insurance Bill
Biba and Airmic address House of Lords' committee in attempt to restore axed clauses
Marsh boss Weil plotting contract efficacy drive
Marsh is to unveil a new drive to improve the effectiveness of commercial insurance contracts from next week.
Counter-Terrorism Bill to go to parliament tomorrow
Home secretary Theresa May cited UN estimates that ransom payments raised up to £28m for militant group the Islamic State of Iraq and the Levant in the past 12 months as she yesterday announced intentions to ban ransom insurance payments.
‘Fundamental dishonesty’ unlikely to stop false damages in abuse cases
Market commentators believe judges may be reticent to use Bill in abuse cases
Motor sector set to report loss for 2014 as claims return to pre-Jackson levels
Towers Watson report says reserve releases unlikely to continue
Mutual insurers welcome potential funding and M&A boost from new Bill
Bill could mean mutuals get level playing field with shareholder-based insurers
Europe: Commission disclosure - disaster averted?
The Insurance Mediation Directive has been the subject of much conjecture in recent times. So what will the trialogue decide on - and what will the impact on insurers be?
Attention turns to devolution impact after Scotland rejects independence
Referendum outcome pleases insurers as devolution discussions begin
Sarah Bill’s worth called into question by claimant and defendant lawyers
‘Ambiguous wording’ cited among major qualms with draft legislation
Blog: Striking out fraudulent claims
Dan Screene, senior associate, Hogan Lovells Insurance Practice takes a look at how efforts to disincentivise the fraudulent exaggeration of insurance claims are working
North of the Border: Time limit ruling overturned
Supreme Court overturns 30 years of rulings over commencement date of prescriptive period.
Insurers call for ‘fundamentally dishonest’ wording to be scrapped
House of Lords agreed to clause 45 of Criminal Justice and Courts Bill
Independent midwives agree commercial PI solution
Independent midwives have agreed a commercial professional indemnity insurance arrangement allowing them to continue practising under new EU legislation.
North of the Border: A claims revolution approaches
The Scottish regime for costs – or expenses, for those of us living north of the border – has long been commendably straightforward.
Editor's comment: What's under the wrapping paper?
Surprises for the insurance industry usually come in the form of floods, fires and windstorms, so it must have been a welcome change for the sector this weekend when Justice Secretary Chris Grayling handed them a more pleasant gift by stepping up the…
Impact on premiums of ‘heroism' Bill questioned
The Social Action, Responsibilities and Heroism Bill, announced in the Queen's Speech, will have little impact on insurance premiums, according to insurance law firm Browne Jacobson.
Editor's comment: Is the Flood Re tide turning?
News the Flood Re scheme has flowed further down the river towards implementation next year has failed to dampen hopes among vociferous industry and political figures that excluded groups will be provided for.
Insurers predict Riot Act rethink after Sony fire ruling in industry’s favour
Parliament ‘almost certain to change the law’ regarding consequential losses