Powered by Lexis+®
Jurisdiction(s):
United Kingdom

UK and EU insurance and reinsurance: litigation, regulation and market practice—weekly briefing, 18 July 2024

Published on: 18 July 2024

Published by a LexisNexis Insurance & Reinsurance expert
Legal News
imgtext
Article summary

Insurance & Reinsurance weekly highlights—18 July 2024

In this issue:

  • Coronavirus (COVID-19)
  • Ukraine conflict
  • Cases and decisions
  • Insurance types
  • Market practice
  • Regulation
  • Case trackers
  • Key dates
  • Daily and weekly news alerts
  • LexTalk®Insurance: a Lexis®Nexis community

Coronavirus (COVID-19)

Business interruption

A consortium of hospitality and farming firms has issued proceedings against National Farmers Union Mutual Insurance Society Ltd, seeking about £10.5m to recover losses they say arose from pandemic closures. See News Analysis: NFU Mutual sued for £10.5m over coronavirus (COVID-19) business losses.

Ukraine conflict

Aviation claims

In the High Court of Justice of England and Wales on 6 June 2024, in Aercap Ireland Capital Designated Activity Co v PJSC Insurance Co Universal, the defendants’ applications to stay the claims brought against them concerning exclusive jurisdiction clauses were granted. Abigail Healey (partner) and Genevieve Douglas (associate) of Quillon Law LLP consider the claimants’ relied-on grounds and the judge’s reasoning for finding they did not amount to strong reasons. The judgment is discussed alongside another recent case, concerning aircraft left in Russia, in which the same judge examined exclusive jurisdiction clauses with a...

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

Popular documents

When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...

Read More Right Arrow

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...

Read More Right Arrow

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 ...

Read More Right Arrow

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 ]...

Read More Right Arrow