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204 result(s) for the Sector "Insurance & Reinsurance",
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    Location, location, location

    29.07.2016 | Insurance & Reinsurance

    In XL Insurance Company SE v AXA Corporate Solutions Assurance, AXA disputed the jurisdiction of the English court to hear and determine a contribution claim bought by XL, instead asserting that AXA should be sued in France, where it is domiciled.

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    Third Parties (Rights Against Insurers) Act 2010

    29.07.2016 | Insurance & Reinsurance

    On 1 August 2016 the Third Parties (Rights Against Insurers) Act 2010 will finally come into force, over six years after receiving Royal Assent.

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    Blurred lines: The impact of the Law Commission’s proposals on insurable interest on parametric policies

    29.07.2016 | Insurance & Reinsurance

    Under English law, it is a fundamental requirement that a contract of (re)insurance has an insurable interest. At its most basic, insurable interest requires that the (re)insured either benefits from the preservation of the (re)insured object or suffers a disadvantage should it be lost.

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    Alberta wildfires - dowsing the fires

    29.07.2016 | Insurance & Reinsurance

    Rain has finally allowed Alberta to start defeating the most damaging wildfire in Canadian history. Burning from 1 May 2016 and only becoming controlled in mid-June, it has resulted in estimated insured losses of C$5 billion.

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    Implications of the Insurance Act 2015 for cyber insurance

    29.07.2016 | Insurance & Reinsurance

    With the implementation of the Insurance Act 2015 and the increasing frequency and severity of cyber attacks, the effect of the new provisions needs to be considered both for cyber insurers and for their insureds. The Global State of Information Survey 2016 has shown that 59% of organisations have purchased cyber insurance.

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    Mutual insurance: a new insurance structure in China

    29.07.2016 | Insurance & Reinsurance

    Global mutual premium comprises 27% of the total global insurance premium. However, according to the International Cooperative and Mutual Insurance Federation (ICMIF), mutual premium comprises only 0.3% of the total premium income in China. Clearly there is potential for growth in China’s insurance market.

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