Reinsurance Round-Up 2021

Reinsurance Round-Up 2021 The all-pervading topic of conversation, worldwide, over the last year has been Covid-19. Much has been written about insurance coverage and there has been litigation in many countries. The FCA Test Case in London has received widespread international media coverage. Following on from that, the extent to which losses can be aggregated
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Foreign accident claims – has the Supreme Court opened the door to floods of claims?

Foreign accident claims – has the Supreme Court opened the door to floods of claims? The Supreme Court handed down judgment in FS Cairo (Nile Plaza) LLC v Brownlie [2021] UKSC 45, clarifying the Courts are now more likely to accept claims from English and Welsh litigants over wrongdoings that have taken place abroad provided
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Proposing for insurance – a question open to interpretation?

A reminder of when insurers can(not) exercise their entitlement to avoid The High Court has, in its judgment in Ristorante Ltd t/a Bar Massimo v Zurich Insurance plc [2021] EWHC 2538, restated the principles relating to interpretation of questions in proposal forms, waiver and their impact on insurers’ entitlement to avoid. The decision is a
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A new scope/purpose of duty test in professional negligence cases

A summary of the Supreme Court judgment in Manchester Building Society v Grant Thornton UK LLP   On 18 June 2021, the Supreme Court handed down a landmark judgment in the case of Manchester Building Society (MBS) v Grant Thornton UK LLP [2021] UKSC 20 in which it has provided further guidance in relation to the
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Legal obligations when Holidaymaker attacked by Hotel Employee

Holidaymaker succeeds in appeal to Supreme Court for compensation against her UK package travel organiser following ‘broad view’ approach that hotel employee’s guiding actions were ancillary services and not within the exemptions under applicable Package Travel regulations Package travel organisers will be reviewing their booking terms and conditions to clarify the holiday arrangements that they
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Don’t count on cover if diamonds aren’t forever…

Remedies for misrepresentation – Jones v Zurich Insurance Plc The loss of a diamond, with a value of £15,000, from a ring is not the sort of thing that one normally forgets in a hurry. However, a policyholder’s failure to disclose details of the claim made for that loss when proposing for insurance several years
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For the Heart of Everything Football !!

Helen Tilley and Robert Harrison of our Exclusive Member in UK, CPB, discuss recent research on cardiac risks associated with playing football. Following a recent 10 year study of UK footballers, the risk of fatal sudden cardiac events was three times higher than originally thought. What types of activity potentially present a higher risk and
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Does a broker owe a ‘duty to nanny’?

A summary of the case of ABN Amro Bank N.V. v Royal & Sun Alliance plc and 13 Underwriters and Edge Brokers (London) Limited. With the nature and extent of the fall-out for insurance brokers from the FCA test case yet to fully emerge (though anecdotal evidence suggests the volume of precautionary notifications are substantial),
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COVID-19 – ONE YEAR ON: Insurance implications

We reflect on the past year – and look at what is next for event cancellation, travel and life/protection insurers On 23 March 2021, the UK marked the anniversary of the announcement of its first coronavirus lockdown. On the same day, there was a glimmer of hope as the British & Irish Lions rugby union
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R (Maughan) v HM Senior Coroner for Oxfordshire

Supreme Court confirms that Coroners’ Inquests shall apply the lower civil standard of proof to all forms of Inquest conclusions of suicide and unlawful killing In this long-running Judicial Review challenge, the Supreme Court has confirmed that the civil standard of proof applies to all Coroners’ Inquest suicide conclusions (whether short-form or narrative form), and
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