No Picture
Legal

Asbestos lung cancer victims who smoked may see claim values reduce

“The case is of interest to insurers, as the 30% contributory negligence deduction is a higher deduction than those made in Badger (20%), Shortell (15%) and Horsley (20%). Bearing in mind the relatively high value of many such claims, the savings can be significant. […]

Legal

Could ADR have protected Lloyd’s in battle against the Rolling Stones?

The way disputes are resolved has changed significantly in recent years, and as the Rolling Stones case highlights, clients and lawyers should think carefully about their options before jumping straight into court proceedings. […]

Emerging Risk

Theilgaard tells risk managers, “don’t treat climate change as a ‘Doomsday’ scenario”

Alternative sources of energy are not new technology, but we need better ways to integrate diverse energy sources into the electrical grid. Such problems can provide opportunities for companies to innovate. Jesper Theilgaard […]

No Picture
Insurance claims

ABI key facts 2014 reveals £452m paid every day in claims

Revealing a range of data on claims payments and funds under management, the ABI’s latest key facts are led by the figure of £452 million which it says is paid every day to customers in the UK. […]

No Picture
Insurance Regulation

Insurers liable for millions in VAT on internal services

Banks, insurers and other financial services firms across Europe face extra VAT costs running into £100 millions in the UK alone, following an ECJ judgment today. The ruling means services supplied between a group’s headquarters […]

Insurance claims

Insurance lawyers warn of discount rate impact in public purse

Insurance lawyers today welcomed news that the Government will address the issue of variations in the Discount Rate, but warned against any alteration which could hit the public purse. David Johnson, the President of the Forum of […]