Legal Focus
A roadmap for insurers preparing for ECCTA compliance
Complying with the UK’s upcoming Economic Crime and Corporate Transparency Act requires a focus on leadership commitment, risk assessments, fraud prevention and due diligence
The privatisation of justice?
The civil justice system is unlikely to see any new money from the new Labour government
Litigation looms over talcum powder
With Johnson & Johnson facing legal action in the UK for alleged harm caused by its talcum powder product, talc suppliers and their insurers can implement various strategies to help limit the potential exposure of such claims
Car finance commissions ruling risks potential flood of compensation claims
Pending clarity from the Supreme Court, lenders and brokers should implement clear disclosure practices, while insurers will be keen to understand the steps being taken to mitigate claims risk
Social issues will steer the direction of travel for insurers in 2025
The increasing focus on the social aspect of ESG has implications for insurers ranging from climate change-related litigation and liability for terrorism to neurodiversity in the workforce and beyond
Captives in the spotlight around the world
There is increasing demand for captives globally, but the specific regulatory and market conditions in each country create a diverse and dynamic landscape
New drug brings new risks for insurers
As litigation relating to weight loss drugs grows in the US, manufacturers are becoming increasingly subject to claims of personal injury and allegations that they knowingly failed to warn consumers of side effects
All change ahead as new marine rules come into force
Marine insurers and their clients face a swathe of regulatory changes in 2025 which could have significant implications for international trade
The growing trend for omnibus claim forms
Considerable care is required when determining the most appropriate group litigation process to adopt
Austria's new law on class actions will have far-reaching implications
New law creates risk of mass litigation in an environment where customers have increasingly been turning to the courts
The EU’s overhaul of product liability will affect UK insurers
The EU’s Product Liability Directive amounts to the most radical reform of the law governing product liability for more than 40 years
Brazil’s impending legal changes are to dramatically change the landscape for reinsurers
Brazil’s Insurance Bill brings significant changes to re/insurance law, but increased collaboration between insurers, reinsurers and loss adjusters will assist the transition process
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