Insurance Law Monthly

The Financial Services and Markets Act 2000 (Motor Insurance) Regulations 2007, SI 2007 No 2403 partially implement the EC’s Fifth Motor Insurance Directive with effect from 5 September 2007. The measure is concerned with a vehicle which is..

Professional indemnity policies are nearly always written on a claims-made basis. Under this type of cover the assured is insured against claims made by a third party in the policy period, and there is usually an obligation to notify insurers of the..

In Sempra Metals v Commissioners of Inland Revenue [2007] UKHL 34, the House of Lords held that the common law does to some extent recognise that compound interest may be awarded against a person who wrongfully withholds money. The question..

The Reconstruction and Renewal Scheme, agreed by Lloyd’s in 1996, has spawned a mass of litigation in the succeeding years. The most significant aspect of R&R was the establishment of Equitas to act as reinsurer for the liabilities of..