The following Insurance & Reinsurance news provides comprehensive and up to date legal information on Insurance & Reinsurance weekly highlights—17 April 2025
Insurable interestThis Practice Note considers insurable interest, including insurable interest in construction and liability insurance. It also...
The functions and duties of insurance brokers—policy placementThis Practice Note provides a high level introduction to the functions and duties of...
Public liability insurance—essentialsPublic liability insurancePublic liability insurance is a form of liability insurance that indemnifies a...
Double insurance and contributionOverlapping insurance policesThere are various reasons why an insured may end up with overlapping insurance cover,...
Law360, London: The Competition and Markets Authority (CMA) on 22 November 2021 gave the green light for the proposed US$4bn acquisition of the reinsurance broking division of Willis Towers Watson by Arthur J Gallagher.
This week's edition of Insurance & Reinsurance weekly highlights includes: updates relating to the Ukraine conflict, cases and decisions, market practice, regulatory developments, dates for your diary and other news highlights reported over the past week.
Scotland—the process for applying for sequestrationSequestration in Scotland is the legal process by which an insolvent debtor’s estate is gathered in, realised and then distributed among their creditors by a trustee appointed for that purpose. The process requires that a formal award of
Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid
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