The Great Fire of London was finally extinguished 350 years ago today. New insurance structures emerged in the aftermath of the Great Fire – which bear striking resemblance to some of ...05 September 2016
Sanctions against Ukraine and Russia: Insurance/Reinsurance implications
In addition, the UK has suspended all extant licences and licence applications for exports to the Russian Government and armed forces of military and dual use items. It has also suspended licences for exports to third countries of equipment for incorporation in products to be exported to Russia where there is a risk that the end product will be used against Ukraine.
Further, broader country or industry-based sanctions have been intimated by both the EU and US. Whilst these would be controversial, they will certainly be more damaging and could target Russia's energy, finance, banking and arms sectors.
Should you have any specific questions relating to the impact of these sanctions on your insurance or reinsurance business you can contact the person with whom you usually deal, or Jamie Rogers in our London office.
The Insurance Act 2015 (the "Act") comes into force tomorrow. It represents a fundamental departure from existing insurance law. The changes impact on a number of key areas which are...11 August 2016
The Supreme Court published two judgments on how dishonesty affects insurance claims before the end of the most recent Trinity term:10 August 2016