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As the first vessel laden with corn departs Odesa port following Russia and Ukraine’s agreement on a ‘safe corridor’ for the shipment of grain stockpiles, we consider the associated challenges for the marine industry and its insurers.
After several years of delays the Personal Data Protection Act B.E. 2562 (2019) ("PDPA") came into force in Thailand on 1 June 2022. Since then, on 20 June 2022, subordinate legislation (the "Notifications") under the PDPA was issued by the Personal Data Protection Committee ("PDPC") and published in the Royal Thai Government Gazette.
These Notifications are intended to set out the various criteria and rules, as well as much needed guidance and clarification, of some key requirements under the PDPA.
In this briefing, we consider some recent decisions covering wilful misconduct under the CMR, apportionment of liability under the Collision Regulations, the construction and scope of indemnity cover of mortgagee's interest insurance policies and the power of a ship’s master to arrest or confine a person on a ship at common law.
The latest updates on all things haulage-related, providing oversight of current developments and topics of note in the industry.
Today we announced the launch of our in-depth report, 'Rewriting the risk: Addressing the challenges of climate change', which finds that the underwriting practices of (re)insurers are a major catalyst for change among businesses in the ongoing climate crisis.
Case review 2022-07-06
In the recent case of Knapfield v Cars Holdings Ltd [13.06.2022], the English High Court was asked to consider the application of wilful misconduct under the Convention on the Contract for the International Carriage of Goods by Road 1956 (the CMR), and provided helpful clarification on the level of conduct required to break the CMR’s limits of liability.
The Latin America region has been particularly affected by social instability in recent times. As a result of this volatile landscape, insurers have found themselves dealing with an increase in claims relating to cargo damaged as a result of strikes. In this article, we look at the associated risks of translating strike clauses, and how ambiguities and disputes can often arise as a result.
We have reported our highest ever revenue of £286m, up 8% from £264m* the previous year. The most significant growth came in North America, where revenue was up 24% to £55m, following a continued growth period fed by work from new and existing clients, a series of lateral hires and the opening of a new office in Delaware.
We are very pleased to reveal the six successful claims professionals who have been chosen as finalists for the third series of Insurance Post’s Claims Apprentice, in association with Kennedys.
In 2021, we reported on Singapore’s new legislative framework for electronic bills of lading. The following 12 months have seen major developments in the UK regarding the legal recognition of electronic trade documents such as bills of lading, such developments which could have significant consequences for the shipping industry and its insurers.