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Insurance/Reinsurance Bulletin
Holman Fenwick Willan
China issued guiding opinions on pilot scheme for compulsory environmental pollution liability insur

On 21 February 2013, the Ministry of Environmental Protection (MEP) and the China Insurance Regulatory Commission (CIRC) jointly promulgated the Guiding Opinions on Pilot Scheme for Compulsory Environmental Pollution Liability Insurance, which for the first time requires compulsory purchase of environmental pollution liability insurance by enterprises with high environmental risks.

Clyde & Co LLP
When two become one: brokers and the trend for acquisition
Mills & Reeve
September 11 WTC Attacks: Aggregation

Article covering a recent UK Commercial Court decision which sheds some light on the issue of whether under English law the September 11 terrorist attacks on the World Trade Center buildings constitute one event or two.

Clyde & Co LLP
Twin Towers

One plot, two events under the English Doctrine of Unities.

Locke Lord LLP
Reinsurance and Insurance Alert

New York Supreme Court takes a new approach to umpire selection in reinsurance arbitrations.

Schiff Hardin LLP
Insurance and Reinsurance Update

English court confirms WTC losses arose from two events, not one

Taylor Wessing
ASW 2012-2013 Corporate Round Up

2012 brought significant changes to Bermuda’s corporate legal environment and 2013 promises to be a year of further developments.

Attride-Stirling & Woloniecki
Newsletter Insurance February 2013
Noerr LLP
Risk Matters: Insurance Sector newsletter February 2013
CMS Cameron McKenna
Potential Insurance and Reinsurance Implications of Hurricane Sandy
Simpson Thacher
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