There has been an uptick in UK class actions in recent years, driven by an increased public awareness of rights and lower barriers to entry via third-party litigation funding, as well as the judiciary showing more openness to collective redress models

Circuit court considers claim under a war risk clause based on the Maduro regime’s actions in Venezuela

Reforms are aiming to reinforce insurers’ financial capacity, ensure compliance with their obligations and mitigate systemic risk in the insurance sector

The developing regulatory environment, coupled with the current economic landscape and softening market conditions, is increasing the pressure on insurers and raising the risk of insolvency

Recent case highlights real risk for insurers of having to pay a penalty when alleging fraud incorrectly

The UK government and regulators have set out long-awaited proposals to reform the Senior Managers and Certification Regime

Law firms that undertake volume claims litigation present risks for their professional indemnity insurers

Historic liabilities, if not properly mapped, could become one of the most expensive hidden pitfalls of the entire shake-up

The challenges facing the global property catastrophe market are formidable, but they are not insurmountable. Success will depend on collaboration between insurers, reinsurers, governments, regulators and legal advisers

Recent high-profile incidents have shown the financial profile of a major cyber event can look much more like a catastrophe scenario than a routine operational loss and cyber wordings are maturing quickly in response

With artificial intelligence outpacing regulation, insurers face a choice: collaborate now to establish ethical standards that support innovation and transparency, or risk having restrictive rules imposed later

Four ‘foundational’ steps can provide the backbone of a proportionate, risk-based framework