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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.
A roundup of recent developments in the sustainability sphere, including modern methods of construction coverage issues tackled by the Spanish Courts, the impact of MMC on insurers, how to minimise the risks of retrofitting homes by 2050 in the race to zero and the impacts of the Supreme Court decision in permitting a third runway at Heathrow Airport.
Case review 2021-02-12
The Supreme Court has handed down its decision in Okpabi and others (Appellants) v Royal Dutch Shell Plc and another (Respondents) [12.02.21].
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.
On 27 June 2019, the UK became the first major economy to pass laws to end its contribution to global warming by 2050. This requires the UK to reduce all greenhouse gas emissions to net zero. Climate change has become a concern that can no longer be ignored so the UK’s implementation of international climate obligations is positive.
We have taken a look at some of the HSE focus areas and key developments emerging over recent months.
Notwithstanding the unprecedented challenges that 2020 has brought, environmental issues remain at the top of the political agenda. In recent years an increased awareness of the climate crisis has triggered tougher environmental regulation in the UK.
After 197 countries signed the Paris Agreement in 2015, there has been a call for industries to solidify proposals to tackle climate change. Additionally, the onset of the COVID-19 pandemic has amplified the effects that these industries have had on the environment.
We are pleased to announce that the publication of the 2021 edition of The Legal 500 UK has seen us ranked as a ‘top-tier firm’ in nine practice areas.
It is estimated that extreme weather events cost the world US$150 billion in 2019. In Canada, insurers are facing mounting pressure to re-evaluate traditional products which often insufficiently respond to the property losses experienced by their insureds as a result of natural disasters such as the recent hail storm in Calgary which led to estimated losses of $1.2bn.