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Report 30/01/2023
Insurance forecast 2023: claims trends and future risks
Drawing on our experience across various risks, this 2023 insurance forecast report highlights some of the key trends that we anticipate will shape the insurance agenda for 2023 and beyond.
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News 09/01/2023
Kennedys appointed to core Aviva UK GI claims legal panel following a strategic review
Aviva has announced the conclusion of the first comprehensive review of its defendant legal panel in 10 years.
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Article 16/12/2022
Climate accountability of companies and their boards
With this year’s COP27 conference calling for robust transition plans from member states and the government’s Transition Plan Taskforce launching its ‘gold standard’ framework for climate transition plans by companies, the race to achieve a 100% reduction in greenhouse gas (GHG) emissions by 2050 (net zero) is more pressing than ever before.
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Article 15/12/2022
Professions and Financial Lines Brief: latest decisions December 2022
A roundup of the latest court decisions and regulations touching on the following issues: the reflective loss principle, solicitor policy coverage, a director’s duty to uphold the interest of a creditor and implied retainers (or the absence thereof) between solicitors and clients.
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Article 14/12/2022
The new EU Women on Boards Directive could pose a D&O risk for corporates and their insurers
On 22 November 2022, the European Parliament gave its final approval on a new law, known as the ‘Women on Boards Directive’, requiring listed companies implement quotas to increase gender diversity on corporate boards throughout the European Union by 2026. The new rules will require publicly listed companies to disclose the status of their board’s gender balance figures.
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Article 14/12/2022
ESG: climate related disclosures – a step towards transparency and consistency
In June 2022, the FCA launched two climate disclosure consultations and we responded to CP21/18’s call for discussion on ESG data. We expressed our views on introducing regulatory oversight of certain ESG data and ratings providers, which would support greater transparency and trust in the market for ESG data and ratings services.
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Article 02/12/2022
Supreme Court confirms directors’ extended duty to protect creditors
On 5 October 2022, the UK Supreme Court confirmed that directors sometimes owe an extended duty to uphold the interests of a company’s creditors when solvency is in doubt.
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Article 18/11/2022
FCA Policy Statement PS22/3 – ‘Diversity and inclusion on company boards and executive management’
On 20 April 2022, the FCA introduced new Listing Rules (LR) (LR 9.8.6R(9) and LR 14.3.33R(1)) which set board diversity targets and require that, as part of their ongoing listing obligations, in scope companies include a statement in their annual financial report detailing whether they have met the specified targets.
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News 25/10/2022
Kennedys recognised as a leading law firm in Chambers UK 2023 solicitors guide
Top accolades awarded to the firm in the latest Chambers & Partners guide to leading law firms and lawyers across the country.
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News 11/10/2022
Kennedys secures top tier rankings in The Legal 500 UK 2023
Following the publication of The Legal 500 UK 2023, we are proud to announce that the firm has once again achieved impressive rankings and recognition within the latest guide to leading law firms and lawyers.