Third party rights against insurers

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The Third Parties (Rights against Insurers) Act 2010 (TP(RAI)A 2010) repealed and replaced the Third Parties (Rights against Insurers) Act 1930 (TP(RAI)A 1930). The key change in TP(RAI)A 2010 is that a third party can now bring proceedings directly against the insurer or seek information about the insurance position at an early stage without first establishing the liability of the insured.

TP(RAI) 2010 applies where the insured has ‘incurred a liability’ or where

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Latest Insurance & Reinsurance News

Insurance & Reinsurance weekly highlights—3 April 2025

This week's edition of Insurance & Reinsurance weekly highlights includes: EBRD launches €1bn insurance facility for Ukrainian exports; Cocktail bar chain settles £4m COVID-19 loss insurance claim; Fenchurch warns on coronavirus (COVID-19) insurance claim limitations; Myanmar earthquake exposes insurance protection gap; UK government may face £70m in claims from fire insurance scheme; Claims groups slam government report on personal injury reform; Insurers could pick up bill for replacing dangerous cladding; Claims firm beats whistleblower’s fraud case; FCA presses London insurers into misconduct training; EIOPA recommends 100 percent capital requirement for cryptoasset holdings of EU (re)insurers; cases and decisions; and key dates for your diary.

EBRD launches €1bn insurance facility for Ukrainian exports

Law360, London: The European Bank for Reconstruction and Development (EBRD) has launched a new war insurance facility that it says will provide up to €1bn in cover for Ukrainian exports every year.

Cocktail bar chain settles £4m COVID-19 loss insurance claim

Law360, London: The operator of the Dirty Martini cocktail bar chain has settled its £4m claim against a Maltese insurer for losses it claimed to have suffered during the coronavirus (COVID-19) pandemic.

Fenchurch warns on coronavirus (COVID-19) insurance claim limitations

Law360, London: Insurance brokers have less than a year to file claims on behalf of their clients for business losses suffered during the national coronavirus (COVID-19) lockdowns, a law firm warned on 1 April 2025.

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