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R (Greyhound Board of Great Britain Ltd) v Welsh Ministers [2026] EWHC 670 (Admin) What are the practical implications of this case? The ruling reinforces the constitutional divide between the courts and the legislature. It explains that the scheme and framework of the Government of Wales Act 2006 (GWA 2006) embody that separation of powers, and that any judicial attempt to recognise and enforce a common law obligation on Welsh Ministers to consult prior to introducing legislation in the Senedd would trespass upon that boundary. This is not a departure from established principle; case law has already upheld comparable rules for lawmakers in Scotland and at Westminster. However, this is the first express confirmation of the position for Welsh lawmakers, and the first time this dimension of the GWA 2006 has been analysed in such depth. The court examined earlier
The solution arrived through the United Nations Compensation Commission (UNCC), a quasi‑judicial body handling mass claims, created under UN Security Council Resolution 687. By addressing environmental harm—most notably via its ‘F4’ claim class—the UNCC set a seminal benchmark shaping how international law and contemporary arbitral panels allocate financial responsibility for wartime ecological devastation. With present-day wars in areas such as Eastern Europe and the Middle East bringing dam breaches, strikes on chemical facilities, and the burning of farmland, the UNCC’s legacy endures as an essential reference point for states, global investors, and companies engaged in post‑conflict arbitration. The F4 claims: Quantifying the unquantifiable Prior to the 1990s, mechanisms in international law for war reparations overwhelmingly favoured property loss, foregone earnings, and bodily injury. The natural world was commonly treated as a mute, non-compensable victim of armed hostilities...
Understanding the farming business as a business Many farms still use long-standing structures that arose by habit, not strategy. Sole traders, informal partnerships and outdated partnership deeds are common. While once effective, such setups can cause major issues around succession, tax planning and involving the next generation. A corporate team can take a fresh, business-led view of the farm, asking: Who owns the land and other critical assets? Who manages daily operations? Who carries the risk and who enjoys the return? What is the enduring plan for succession? From this review, the team can confirm whether the current setup is fit for purpose or if an alternative — for example an updated partnership agreement, a company, a limited liability partnership, or a blended model — would better meet the family’s aims. Tax efficiency through joined-up advice Tax sits at the centre of most
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Insurance & Reinsurance weekly highlights-28 May 2026 In this issue: UK Regulation EU Regulation Cases tracker Dates for your diary Daily and weekly news alerts New and updated content Lex Talk®Insurance: a Lexis®Nexis community UK Regulation PRA publishes PS13/26- Insurance third-country branches The PRA has issued policy statement PS13/26- Insurance third-country branches: policy implementation and other updates, setting out its replies to feedback on consultation paper CP20/25 of the same title. It confirms the final policy through refreshed materials-revised supervisory statements ( SSs) and statements of policy-together with amended rules. Source: PS13/26- Insurance third-country branches: policy implementation and other updates. Related digests: PRA publishes consultation on third-country insurance branch policy updates, LNB News 16/09/2025 49; PRA publishes final policy on its approach to authorisation and supervision of insurance branches, LNB News 23/05/2024 30. Ho L Committee launches inquiry into...
In this issue: EU Regulation Insurance types Cases tracker Dates for your diary Daily and weekly news alerts Lex Talk®Insurance: a Lexis®Nexis community EU Regulation EIOPA releases technical specifications for small and non-complex insurance undertakings and groups The European Insurance and Occupational Pensions Authority ( EIOPA) has issued technical specifications for small and non-complex undertakings ( SNCUs) and groups ( SNCGs). The document assists undertakings and supervisory authorities in more accurately determining which entities qualify for the new simplified framework, and in computing the relevant risk indicators. Its purpose is to secure consistent implementation of the framework across Member States from the date the amended Solvency II Directive enters into application. It also highlights particular scenarios that, in EIOPA’s view, could benefit from further clarifications......
In this issue: Cases and decisions UK Regulation EU Regulation Cases tracker Dates for your diary Daily and weekly news alerts Lex Talk®Insurance: a Lexis®Nexis community Cases and decisions Uni Credit Bank Gmb H, London Branch v Constitution Aircraft Leasing ( Ireland) 3 Ltd; Uni Credit Bank Gmb H, London Branch v Celestial Aviation Services Ltd. The Supreme Court unanimously rejected the appellants’ appeal and upheld the respondent’s cross‑appeal, deciding that reg 28(3)(c) of the Russia ( Sanctions) ( EU Exit) Regulations 2019 ( SI 2019/855) prevented payments under the letters of credit until UK licences were secured; consequently, both the payment obligation and the accrual of statutory interest were paused. The court also concluded that section 44 of the Sanctions and Anti‑ Money Laundering Act 2018 supplies a defence in civil proceedings, which would have...
The Court of Appeal gave the insurers, which include Fidelis and Chubb, permission to challenge aspects of a decision that leaves them on the hook for a massive payout to Aer Cap, the world's largest aircraft lessor Leading a two-judge bench, Justice Stephen Phillips said the court, having considered the submissions, would allow an appeal on every ground raised. At the 31 March 2026 hearing, Fidelis contended that a previous judge had erred in finding that all aircraft marooned in Russia were irretrievably lost to the lessors. In June 2025, Judge Christopher Butcher had concluded the losses engaged war-risk insurance — subject to payout limits — rather than the wider all-risk cover. Aer Cap, the world’s largest aircraft lessor, had claimed USD3.5 billion under the broader all-risk policy, but its recovery under the war-risk policy was limited to USD1.2 billion. Peter Mac Donald Eggers KC of...
In this issue: Cases and decisions Cases tracker Dates for your diary Daily and weekly news alerts New and updated content Lex Talk®Insurance: a Lexis®Nexis community Cases and decisions Novitas Loans Ltd (formerly Amtrust Europe Ltd) v Amtrust Europe Ltd (trading as Sompo International); Amtrust Specialty Ltd (formerly Amtrust Europe Ltd) v Endurance Worldwide Insurance Ltd (trading as Sompo International) The Commercial Court resolved preliminary questions arising from the collapse of a litigation funding arrangement encompassing 20,000 consumer actions. Am Trust Specialty Limited ( Am Trust) wrote ATE cover for the Scheme. Endurance Worldwide Insurance Limited ( Sompo) provided PI insurance to two solicitors’ practices, Pure Legal Limited ( PLL) and High Street Solicitors Limited ( HSS), which advanced claims within the Scheme. After the Scheme failed, Am Trust reached a £48.5m settlement with Novitas Loans Limited and pursued Part 20...
On 16 March 2026, Fitch Ratings stated that initial losses should be 'manageable', yet cautioned that insurers could face capital strain in the event of a prolonged conflict or wider financial instability. The London market, which encompasses reinsurers, brokers and insurers, as well as Lloyd's of London, provides high-value cover for specialist insurance lines, in particular marine, aviation, energy and political risk......
In this issue: Insurance types EU Regulation Cases tracker Dates for your diary Daily and weekly news alerts Lex Talk®Insurance: a Lexis®Nexis community Insurance types Marine According to the International Underwriting Association ( IUA), oil tankers are avoiding the Strait of Hormuz because of safety fears, not a lack of insurance capacity. See News Analysis: Iran oil crisis not due to lack of insurance, trade body says. Fitch Ratings said the London insurance market could face direct exposure to marine and aviation claims arising from the war in Iran. See News Analysis: London insurance market faces Iran war risk, Fitch says Aviation On 16 March 2026, reinsurers including American International Group ( AIG) and AXA asked a London judge to pare back claims by Chubb European Group SE ( Chubb) and Fidelis Insurance Ireland DAC ( Fidelis) seeking to cover...
A cohort of reinsurers asked High Court Judge Simon Picken to shut down part of Fidelis and Chubb’s bid to make them fund or share the insurance outlay owed to aircraft lessors, including Aer Cap Ireland Ltd and Merx Aviation, saying Chubb and Fidelis were attempting to ‘jump the queue’ in the proceedings. Chubb and Fidelis are pursuing AIG and AXA for sums said to arise from a June 2025 judgment in a trial about responsibility for aircraft marooned in Russia after its 2022 invasion of Ukraine. That case examined whether the loss of the aircraft engaged war-risk policies, which carry caps, instead of wider all-risk covers. The decision of High Court Judge Christopher Butcher left Chubb on the hook for US$57.6m due to Aer Cap, while Fidelis has paid US$289.5m to Aer Cap and Merx under lessor policies, court papers say, as set out in the...
On 11 March 2026, the IUA confirmed that war risk protection remained on offer to shipping lessors in London’s market, despite suggestions that insurers were hesitant to respond. The association’s remarks came as a worsening global energy crisis unfolded, triggered by the de facto shutdown of the Strait of Hormuz since the outset of hostilities involving the US, Israel and Iran. US officials have tried to support the passage of vessels through the strait, linking the Persian Gulf to the Gulf of Oman, via a government-backed reinsurance programme unveiled on 6 March 2026 by US authorities......
In this issue: Cases and decisions UK regulation Cases tracker Dates for your diary Daily and weekly news alerts New and updated content Lex Talk®Insurance: a Lexis®Nexis community Cases and decisions Re River Re Ltd The Chancery Division approved a Part 7 transfer scheme under the Financial Services and Markets Act 2000 ( FSMA 2000). River Re Ltd (as transferor) and Riverstone Insurance UK Ltd ( RIUK, the transferee) made a joint application seeking the court’s approval to move all of River Re’s reinsurance and general insurance operations, together with related assets and liabilities, to RIUK. The court concluded the FSMA 2000 jurisdictional preconditions were fully met. Around 6,042 reinsurance and general policies written from 2005 to 2015 were included, spanning motor, professional identity, property, political and general liability lines. The court was content that the...
See Practice Notes: Tracker of Part VII transfer schemes hearing dates 2026: This Practice Note collates significant hearing dates, either proposed or shown in the High Court, Insolvency and Companies Court ( Chancery Division) daily cause list, commencing from 1......
In this issue: UK Regulation EU Regulation Cases tracker Dates for your diary Daily and weekly news alerts Lex Talk®Insurance: a Lexis®Nexis community UK Regulation Katharine Braddick appointed CEO of the PRA HM Treasury has confirmed that Katharine Braddick will be the next Deputy Governor for Prudential Regulation at the Bank of England ( Bo E) and chief executive of the Prudential Regulation Authority ( PRA). She will assume the position on 1 July 2026 for a five-year term, succeeding Sam Woods, who has served as Deputy Governor for Prudential Regulation since 2016. In the Deputy Governor capacity, Braddick will direct the PRA’s supervision and regulation of banks, building societies, insurers and major investment firms. She will also sit on the Prudential Regulation Committee, the Financial Policy Committee and the Court of the Bo E, forming part of the...
Insurance & Reinsurance weekly highlights—26 February 2026 In this issue: Cases and decisions UK Regulation Cases tracker Dates for your diary Daily and weekly news alerts New and updated content Lex Talk®Insurance: a Lexis®Nexis community Cases and decisions Part VII insurance business transfers—evidencing foreign recognition risks ( Re Mercantile Indemnity Company Ltd) The court sanctioned a Part VII insurance business transfer bringing together intra-group non-life run-off operations. It followed the Court of Appeal’s guidance in Re Prudential Assurance Co Ltd, which underscores that approval depends on the character of the business being moved. Earlier life insurance authorities— Re London Life and Re Axa Equity—were not applied. A central question was recognition of the scheme in the USA, as certain transferring policies were governed by US law. The court held that absolute ‘certainty’ of overseas recognition is not required;...
Bath Racecourse Co. Ltd and others v Liberty Mutual Insurance Europe SE and others On the opening day of the hearing, counsel for companies compelled to shut during the March 2020 UK lockdown told the UK Supreme Court that the Coronavirus Job Retention Fund did not, as a matter of law, remove or reduce the liability to pay wages owed to staff. The dispute, Bath Racecourse Co. Ltd and others v Liberty Mutual Insurance Europe SE and others, is politically contentious. Its outcome will determine whether small businesses or insurers end up as the ultimate beneficiary of a portion of the £70bn of taxpayers’ money that was spent to support furloughed workers when the pandemic broke out in 2020. The case focuses on the operation of savings clauses......
2025 is set to become the most expensive year on record for property insurers Deloitte reported that its review indicates claims in the last four months of 2025 could reach £1.5bn, taking the annual figure to £6.1bn. That would be a modest rise on the over £6bn paid in 2024, Deloitte noted, yet as much as 50% above the amounts seen between 2021 and 2023. In those years, payouts ranged from £4bn to a little over £4.8bn. ‘2025 is set to become the most expensive year on record for property insurers,’ said Cherry Chan, insurance partner at Deloitte UK......
Insurance & Reinsurance weekly highlights—12 February 2026 In this issue: Cases and decisions Insurance Types Dispute Resolution Cases tracker Dates for your diary Daily and weekly news alerts New and updated content Lex Talk®Insurance: a Lexis®Nexis community Cases and decisions Tyson International Company Ltd v Gic Re, India, Corporate Member Ltd (sued as the Sole Corporate Member for Syndicate 1947 At Lloyd's of London for the 2021 and 2022 Years of Account) The Court of Appeal ( Civil Division) refused the appeal by GIC Re, India, Corporate Member Ltd ( GIC) against the Commercial Court’s ruling. The dispute focused on the meaning and operation of a ‘ Confusion Clause’ within reinsurance agreements between GIC and Tyson International Company Ltd ( TICL). The central questions were: (i) whether the Confusion Clause was engaged only where the Certificates themselves were ambiguous, or also where the Market Reform Contracts ( MRCs) and Facultative...
The Court of Appeal ruled against GIC Re India Corporate Member Ltd in its bid to overturn a 2025 decision that had awarded Tyson International Co Ltd permanent anti-suit relief from New York arbitration amid a clash between the parties’ reinsurance contracts. According to the judgment, the initial suite of reinsurance agreements—market reform contracts ( MRCs)—stipulated English law and jurisdiction, whereas a second batch, the facultative certificates, executed a few days later, prescribed arbitration in New York. In January 2025, a decision by Nigel Cooper KC, sitting as a High Court judge, was unanimously affirmed by the Court of Appeal, holding that a so-called confusion clause confirmed that the English law and jurisdiction terms in one agreement overrode the New York arbitration provision in the other. The Court of Appeal recorded that the MRCs included no arbitration clause of any kind,...
Research note from investment bank Berenberg According to a research note from investment bank Berenberg, some form of motor insurance is expected to remain even if driverless technology sees broad uptake after 2035. Early 2026 saw share prices of several major motor insurers slip, coinciding with plans to pilot robotaxis in London towards late 2026. Citing independent projections, Berenberg said autonomous vehicles are set to represent only 5% of new car purchases by 2035. ' At such a pace, it would take a further ten years for autonomous vehicles to have a significant effect,' the bank added......
Insurance & Reinsurance weekly highlights—29 January 2026 In this issue: Insurance types Cases tracker Dates for your diary Daily and weekly news alerts New and updated content Lex Talk®Insurance: a Lexis®Nexis community Insurance types Aviation BOC Aviation ( Ireland) Ltd has settled its dispute with Cathedral Capital (1998), which it argued ought to provide partial cover for an alleged US$129m loss arising from aircraft left in Russia following the country's invasion of Ukraine. See: BOC Aviation settles with Cathedral Capital over grounded aircraft. Coronavirus ( COVID-19) business interruption insurance The Financial Conduct Authority ( FCA) refused a bid by a law firm and hospitality sector trade associations to extend the time limit for business interruption claims connected to the coronavirus ( COVID-19) pandemic. See: FCA declines application to extend business coronavirus ( COVID-19) claim deadline. Cases tracker Recent decisions Court: KB ( King's Bench) Case...
In a letter dated 23 January 2026, the FCA refused the regulatory steps sought by Stewarts Law LLP and a number of industry bodies, declining to issue guidance to insurers that would allow extra time to lodge claims. In December 2025, Stewarts, alongside groups including UK Hospitality and the Music Venue Trust, urged the FCA to restore its previous 'stop the clock' directions to insurers regarding coronavirus business interruption claims, as most will become time-barred from March 2026, without further guidance in place for such claims. The firm and the associations pressed the FCA to push back the business interruption claims deadline to 2028. However, the......
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When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...
This Practice Note This Practice Note reviews mechanisms used in settling litigation. A Tomlin order consists of a consent order paired with a schedule. It operates to stay proceedings on terms that have been agreed. The provisions contained in the schedule may remain confidential. This Practice Note describes the scope of confidentiality attaching to the schedule and sets out how it differs from a standard consent order. Sample wording for a Tomlin order is included, alongside links to precedents, as well as guidance on court approval. It also addresses varying, setting aside and enforcing a Tomlin order, including the considerations the court will take into account when handling applications for each. Further guidance is provided on interpreting and applying the relevant provisions of the CPR; however, some courts and divisions impose very specific requirements for both drafting and approval, and for approaching the schedule and confidentiality issues. Accordingly, you must consider the particular rules and court guide provisions in the forum where your claim is proceeding when drawing up the Tomlin order...
Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...
I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...
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