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Carey Olsen
The current hard insurance market has encouraged many new participants to enter the insurance business in the last few years. As a leading international insurance domicile, Guernsey has benefited.
GuernseyFinance
The Guernsey International Insurance Association (GIIA) introduced its world-leading ESG Framework with an accreditation kitemark in May 2021, created to help its members manage ESG opportunities and risk, and deliver positive ESG impact.
Walkers
Insurance Comparative Guide for the jurisdiction of Guernsey, check out our comparative guides section to compare across multiple countries
Carey Olsen
Guernsey's position as Europe's leading captive insurance domicile has made the jurisdiction renowned for insurance activity...
Walkers
In 2022 Guernsey is celebrating its 100th year of captives, having established the first ever captive insurance company in 1922. The Island remains the leading domicile in Europe for captives having maintained an...
UK
Mayer Brown
On 29 July 2022, the Commercial Court handed down its decision in Al Mana Lifestyle Trading LLC & Ors v United Fidelity Insurance Company PSC & ors, in which Mrs Justice Cockerill confirmed that ...
Mayer Brown
On 10 August 2022, the Loan Market Association ("LMA"), in association with Lloyd's Market Association ("Lloyd's") and the International Underwriting Association...
Herbert Smith Freehills
The judgment in Quadra Commodities S.A. v XL Insurance Company SE and Others [2022] EWHC 431 (Comm) is notable as the first to consider the application of s.13A Insurance Act 2015 relating to...
Giambrone & Partners
Ostensibly, the rule of law exists to provide a semblance of justice to society. Frequently the decision to bring or defend a claim, is governed by cost rather than justice.
1 Chancery Lane
The team deals with two cases on jurisdictional matters this week; inconsistent choice of jurisdiction clauses, and the operation of the Italian Torpedo.
Gatehouse Chambers
The Court of Appeal upheld a trial judge's anti-suit injunction preventing proceedings continuing in Canada upholding an exclusive jurisdiction clause found in insurance contracts forming part of an insurance tower.
Clyde & Co
Since 2015, the Bank of England has been part of a global regulatory movement spearheaded by the Financial Stability Board seeking to address the "tragedy of the horizon" of climate change related financial risks.
Mayer Brown
Helen Kerr shares her views on the recent decisions on Practice Direction 57AC witness statement infractions which came into force in April 2021.
Reed Smith (Worldwide)
Arecent English Court of Appeal decision emphasises the importance of ensuring that what appear to be standard boilerplate provisions within an insurance tower are clear...
BLM
Paul Wainwright and Kelly Matthews held a recent webinar on "Fixed costs and the future", the speakers considered the current position regarding legal costs reform and the implications of the...
1 Chancery Lane
The Act is a very short one, just two sections. Section 1 sets out what it is intended to do; within Great Britain...
Gowling WLG
The case of Quadra Commodities SA v XL Insurance Company SE & Ors [2022] EWHC 431 (Comm) (04 March 2022) (bailii.org) provides an interesting consideration of the...
Quadrant Chambers
The Commercial Court handed down judgment today in Piraeus Bank v. Antares ("The ZouZou") [2022] EWHC 1169 (Comm). The decision concerns mortgagees' interest insurance and the standard exclusions in a war risk policy.
Richmond Chambers Immigration Barristers
The preliminary ruling of the Court of Justice of the European Union in C-247/20 VI v Commissioners for Her Majesty's Revenue & Customs concerns the interpretation of EU law in relation to the...
BLM
The Motor Vehicles (Compulsory Insuance) Act 2022 was passed yesterday when it received Royal Assent. An identically named Act applying to Northern Ireland also secured Royal Assent this week.
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