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UK insurance and reinsurance: weekly case law, regulatory and market updates—30 May 2024

Published on: 30 May 2024

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

Insurance & Reinsurance weekly highlights—30 May 2024

In this issue:

  • Ukraine conflict
  • Cases and decisions
  • Types of insurance
  • Market practice
  • Regulation
  • New and updated content
  • Case trackers
  • Key dates
  • Daily and weekly news alerts
  • LexTalk®Insurance: a Lexis®Nexis community

Ukraine conflict

Aviation claims

An aircraft lessor has filed a £472m claim against numerous major insurers over planes left in situ since the invasion of Ukraine, after a landmark London court ruling blocked efforts to shift comparable actions to Russia. See News Analysis: Major insurers face £472m claim for Russia-stranded planes (STLC Europe Sixteen Leasing Ltd v American International Group UK Ltd and others).

Cases and decisions

Insurers lose appeal over US$15m Hanjin Shipping settlement (Royal & Sun Alliance Insurance plc v Textainer Group Holdings Ltd)

A London appeals court on 22 May 2024 determined insurers should not take a share of recoveries for uninsured losses, in a dispute tied to a US$15m settlement following Hanjin Shipping’s collapse. See News Analysis: Insurers lose appeal over US$15m Hanjin Shipping settlement (Royal & Sun Alliance Insurance plc v Textainer Group Holdings Ltd).

Expert witness interference (Jenni Glover and another v Fluid Structural Engineers & Technical Designers Ltd)

A Penningtons Manches Cooper...

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