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Insurance
Australia
Kells
if the insurer has determined that your injuries are minor, there are avenues that may have this decision overturned.
Barbados
Invest Barbados
Barbados has been an established captive insurance jurisdiction since the 1980s.
Bermuda
Conyers
In December 2020, as part of its review to update Bermuda's commercial insurance regime, the Bermuda Monetary Authority (BMA) issued a consultation paper proposing the introduction...
Conyers
What a year it has been since our last Insurance Bulletin in March 2020. Although the full impact of Covid-19 on the re/insurance industry remains unclear the need to retain capital...
British Virgin Islands
O'Neal Webster
Insurance Code of Conduct for BVI domestic insurers, insurance intermediaries, and loss adjusters to take effect July 6, 2021...
Canada
McCague Borlack LLP
This type of insurance has multiple names: adverse costs insurance, trial insurance, and after the event insurance.
Borden Ladner Gervais LLP
On May 1, 2021, the no-fault amendments to the Insurance (Vehicle) Act, R.S.B.C. 1996, c. 228, and several related statutes by Bill 11 Attorney General Statutes (Vehicle Insurance) Amendment Act, 2020
CLC (Canadian Litigation Counsel)
On April 22, 2021, the Alberta Legislature passed Bill 65, which, among other things, limits the Crown's liability for adverse costs awards after unsuccessful litigation.
Gardiner Roberts LLP
Failing to advise an insurance company of material facts relating to the policy may result in a loss of coverage at a time when it is needed most.
Theall Group LLP
Timely reporting to the insurer is essential for liability insurance policies structured on a claims-made basis.
Borden Ladner Gervais LLP
The Ontario Superior Court's recent decision in Backyard Media Inc. v. HDI Global Specialty SE reinforces the importance of clear and unambiguous exclusion clauses in insurance policies.
Devry Smith Frank LLP
Our legal team at Devry Smith Frank LLP has years of experience working on behalf of leading Canadian and multi-national insurance carriers providing representation and counsel to insurers...
Field LLP
A recent case from the Alberta Court of Queen's Bench, Barz v Driving Force Inc, provides some clarity to the law as it relates to the vicarious liability...
Cayman Islands
Walkers
The Cayman Islands Monetary Authority ("CIMA") has issued a new Regulatory Policy on Licensing for Class B Insurers, effective immediately, which sets out CIMA's expectations...
European Union
Dillon Eustace
On 1 February 2021, the European Commission published a summary report on its consultation on the review of the Solvency II Directive (2009/138/EC) (the Solvency II Directive).
France
Mayer Brown
On May 4, 2021, the Autorité de contrôle prudentiel et de résolution ("ACPR" – the French Prudential Supervision and Resolution Authority)...
Guernsey
GuernseyFinance
The Guernsey International Insurance Association (GIIA) and its members have pledged financial support towards the establishment of the Insurance Museum initiative in London.
Hong Kong
Mayer Brown
On 3 May 2021, the Insurance Authority (IA) issued a press release announcing the details of the two-year Pilot Insurance-linked Securities Grant Scheme (Grant Scheme) with the aim to attract...
India
Phoenix Legal
In a petition filed against Max Bupa Health Insurance Company Limited, the Bench of Justice Pratibha M. Singh of the Delhi High Court held that there can be no discrimination between insurance provided for mental illness ...
William Fry
The Sustainable Finance Disclosure Regulation (SFDR), which is now in effect, introduces mandatory reporting requirements for certain 'financial market participants'...
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