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Insurance Review 2012

In this briefing, we set out the key developments in each area affecting the insurance market, as well as making our predictions for the issues to look out for in 2013.

Insurance Regulatory Alert

 The 2012 Fall National Meeting of the National Association of Insurance Commissioners.

Riker Danzig Scherer Hyland & Perretti LLP.
When Sandy Became a Superstorm But Not a Hurricane: The Effect on Deductibles

Insurance departments and governors of a number of the states in which Superstorm Sandy made landfall have addressed the property damage by declaring that hurricane deductibles shouldn’t apply to Sandy-related insurance claims. The directives don’t address commercial lines policies that may have a hurricane deductible or other storm-related deductibles.

Edwards Wildman Palmer LLP
Bermuda Insurance Companies

This memorandum has been prepared for the assistance of those who are considering the formation of an insurance or reinsurance company in Bermuda. It deals in broad terms with the requirements of Bermuda law for the establishment and operation of such companies under the Insurance Act 1978. It is not intended to be exhaustive but merely to provide brief details and information on the topic. We recommend that persons seek legal advice in Bermuda on any specific proposals they may have before taking steps to implement them. In addition, before proceeding with any such proposals, persons are advised to consult with their tax, legal and other professional advisers in their respective home jurisdictions.

Conyers Dill & Pearman
Reinsurance Law Update, Volume 6

This is the sixth issue of Reinsurance Law Update, a newsletter addressing significant decisions by U.S. and U.K. courts regarding reinsurance and arbitration. In this issue, cases of note decided in 2012.

Mound Cotton Wollan & Greengrass
‘Boilerplate’ Clause Causes Problems for Egyptian Ship Owner

High Court considers whether there is a London market connection, in deciding the appropriate forum for a Middle Eastern maritime insurance dispute.

Edwards Wildman Palmer LLP
Reinsurance is No Exception: A Case of Staying and Not Following

‘Follow the settlements’ clauses have been the subject of debate in the English courts several times in recent years. The decision by the Court of Appeal in Amlin Corporate Member Ltd v Oriental Assurance Corporation serves as a reminder to reinsureds of the potential limitations of these clauses

Edwards Wildman Palmer LLP
Regulatory Coup for Gibraltarian Insurance Business as the English High Court Sanctions the First Pa

An application was made to the High Court for directions to a transfer of insurance business from a firm authorised in Gibraltar to a firm authorised in the UK -- the first time that an English Court had been asked to consider whether it had jurisdiction to approve such a transfer

Edwards Wildman Palmer LLP
The Taylor Wessing Insurance & Reinsurance Review of 2012
Taylor Wessing
Insurance and Reinsurance Update December 2012
King & Wood Mallesons
Recent significant developments in International Arbitration in Asia

In the past few months, there have been many interesting developments in the International Arbitration scene in Asia.

Oon & Bazul
Recent Legislative and Judicial Developments in Continental Europe
Heuking Kuhn Luer Wojtek
Reinsurance note - expert evidence

Commercial Court dismisses application for injunction barring expert from giving evidence in arbitration

Lawrence Graham
Recent Legislative and Judicial Developments in Continental Europe
Heuking Kuhn Luer Wojtek
Recent Judicial Developments in Continental Europe
Heuking Kuhn Luer Wojtek