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Legal Focus

 

 

Legal Focus: Cyber readiness must start at the top for insurers and insureds

Cyber attacks are an existential threat and have the potential to affect every part of a business. Firms must therefore have readiness baked into their overall strategy – and insurers must play their part in supporting them

International Cyber

Legal Focus: Insurers face an uncertain time over third-party litigation funding

The enforceability of third-party litigation funding agreements has been called into question in recent months

United Kingdom Legal focus

Legal Focus: PRA's third-country consultation could mean change ahead

Firms may find the regulator’s willingness to accept a branch application is reduced, leading more firms to operate through a subsidiary

United Kingdom Regulation

Legal Focus: Insurers must adopt carefully crafted sanctions clauses

The impact of sanctions on insurers as well as insureds can be severe and unpredictable

International Regulation

Legal Focus: PFAS litigation risks mount as EU claims rise

A recent rise in PFAS-related claims filed in the EU has raised questions as to whether the UK can expect to face similar litigation

Europe Casualty

Legal Focus: The shipping sector and its insurers are increasingly exposed to cyber risks

A complex regulatory environment and urgent need to decarbonise may limit the industry’s ability to invest in mitigating the rising cyber threat  

International Marine

Legal Focus: AI is set to transform the legal profession

Law firms need to engage with their insurers as AI becomes part of their everyday world, creating new risks

International Legal focus

Stockwatch: WTW climbs 13% as insurance stocks rally

Insurance Day’s selected insurance and reinsurance stocks gained 2.8% on average as global equity markets rallied after a bad couple of weeks

Europe North America

Legal Focus: London market reinsurers may need to act as partners when covering LatAm risks

Carriers providing coverage in the Latin America market need to be aware of legal, regulatory and claims handling issues

South America Reinsurance

Legal Focus: The legal profession has an ‘obligation to new generation of lawyers’ in optimising AI

Artificial intelligence technology is evolving rapidly and could radically alter the legal profession

United Kingdom Technology

Legal Focus: Cost of living crisis and climate change driving higher claims for insurers globally

The cost of living crisis and climate change are two of the key factors driving excess claims inflation, according to a Kennedys survey

International Legal focus

Legal Focus: Use of biased AI models has serious implications for the insurance sector

The Bank of England has warned the use of AI models can create bias, posing a threat to the UK’s financial services sector. Understanding how those risks can emerge and how they might be mitigated will be crucial

Legal focus Technology
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