Legal
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The highest court dashes lingering hopes of pre-Christmas certainty in the BI debacle.
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The firm says the appointment helps to position itself as a “challenger” in the segment.
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The regulator says it wants a clear position on the issue as soon as possible after the Supreme Court ruling on the BI test case.
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Howard Burnell was reportedly convicted at Wimbledon Magistrates Court of assaulting his then-partner.
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The outcome of the appeal and a planned new BI test case will be significant for reinsurers. -
Wrangling over the award of Petroecuador’s 2021 cover has left reinsurers unsure of which primary carrier and broker to back.
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The regulator ordered potential rebates in June after deciding lockdown measures meant some contracts offered little value for money.
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An employment tribunal finds that Liam Vaughan’s claim for constructive unfair dismissal is “well founded”.
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The clauses are widely used in the insurance sector and have led to some high-profile legal battles.
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Patchwork provisions for entities without EU authorisations have largely fallen away during the UK’s protracted divorce.
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The CII, Liiba and others are lobbying hard to have awards such as the ACII recognised in Europe.
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The outcome of the legal battle is hotly anticipated as a litmus test of the viability of the W&I product.
