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Article 02/23/2021
The EU-UK Trade and Cooperation Agreement (TCA) provides the basis for further legal certainty to be agreed following the end of the transition period on 31 December 2020. It was, as we all saw, a fairly tortuous journey and securing a deal seemed impossible at times because both sides had very different aims in mind.
News 02/18/2021
Article 02/03/2021
A combination of recent events has forced issues of diversity and inclusion onto the boardroom agenda. As a result, company boards now face increased scrutiny from the public, regulators, legislators and shareholders alike. If well-established benefits of having a diverse workforce are not enough to make companies enact change, the increasing threat of expensive D&O litigation and new legislative initiatives could well be.
Article 01/29/2021
Stress-testing for banks was first introduced as a response to the financial crisis in 2008/2009, and is used by the Bank of England to assess how banks can cope with severe economic scenarios in terms of capital requirements.
Report 01/29/2021
On the surface, the London Market enters 2021 looking very different to its 2020 version. Underwriting rooms lay empty, offices unoccupied, pubs eerily quiet. But beyond the physical stillness, this world leading hub has not paused for breath. Digital systems and solutions have taken centre stage as the London Market has responded to a seismic shift in working patterns and insurance risks.
Article 01/08/2021
After such a challenging 2020, all businesses are craving more certainty in the new year. Whilst 2021 is already producing its own surprises, there is at least some certainty in the legal and regulatory issues likely to affect insurers and intermediaries in the UK. This article summarises key issues insurers and intermediaries should keep clearly on the radar in 2021.
Report 01/06/2021
Our research identified five key risk themes that have implications and represent both challenges and opportunities for businesses, insurers, and wider society. This will assist in moving the conversation forward as we look beyond COVID-19, highlighting the important need to reshape the dynamic relationship between companies, households, and insurers.
Article 12/11/2020
Hurricanes, severe flooding and destructive wildfire events have been steadily increasing both in terms of frequency and ferocity. It is generally accepted that the cause of this acceleration is global warming. Changes are being made around the world to move to a carbon-neutral or carbon-zero environment.
Article 12/11/2020
In this briefing, we consider the latest significant court decisions impacting claims arising from professional liability and financial lines policies and products. Issues covered include: misselling by banks and a bank’s duty of care, the impact of the illegality principle upon conveyancing solicitors, aggregation as applied in SRA minimum terms and conditions, the relationship between security for costs and strike out applications and the impact of prejudice where a defence is filed late.
Report 12/11/2020
Today’s directors and officers have significant responsibilities not only in preserving company value and ensuring success in the future but also in responding diligently to political and environmental tensions, emerging technologies, changing regulation, and the need to promote diversity. The D&O landscape will continue to be challenging as we move into 2021.
