216 results found

JLT has joined Placing Platform Limited (PPL), the London Market's electronic placing platform. PPL is aimed at supporting more flexible negotiation and fast placement allowing brokers...

In the wake of this year's catastrophic hurricanes, Lloyd's has taken the step of postponing the distribution of profits by syndicates.

The turmoil in the property and financial markets has not left the insurance industry immune, even that behemoth of the US insurance industry, AIG, has been affected.

Welcome to HFW's 'Shipping Insight: Who Rules the Waves?' report which is the first in a series of four publications focussing on a range of issues critical to the shipping industry in 2017.

The recently announced Budget closed a loophole in relation to premium insurance tax.

The oil tanker "Prestige" sunk off the coast of northern Spain in 2002, after being denied safe harbour during a storm.

From 1 April the Financial Ombudsman Service (FOS) award limits have increased to the following amounts...

Forward freight agreements have given rise to relatively little litigation. It is likely that the litigation which does arise will result from the insolvency of one of the parties.

The recent judgment of the High Court in The Silver Constellation (29 July 2008) considers the extent to which time charterers may insist upon vessels obtaining approval from RightShip, the Australian ship vetting company established as a joint venture between BHP Billiton, Rio Tinto and Cargill.

Having begun market beta-testing of its reinsurance blockchain prototype at the Monte Carlo Rendezvous last month, the Blockchain Industry Initiative, B3i, has grown the number of participants...

The European Network and Information Security Agency (ENISA) issued a report last week on the "Commonality of risk assessment language in cyber insurance".

The Commercial Court set aside an arbitration award becausethe Claimant's emailed arbitration notice to an individual employee at the Respondent did not constitute valid service under the Arbitration Act 1996.

The Court of Appeal in CTI Group Inc v Transclear SA (22 July 2008) has reiterated that under English law international commodities sellers are required to perform their contractual obligations in full even if deprived of their intended source of supply.

In February 2008 the LME launches futures trading in steel billets. Steel futures contracts will be traded on the LME like other metals futures, with an option for physical delivery using approved warehouses.

English court proceedings against parties including the arbitrator, B were commenced by A alleging he was induced to enter the arbitration agreement by fraudulent misrepresentation.

However, the third party's claim was excluded because it was brought "by" a subsidiary of the director-shareholder.

A vast amount has been written in the last year or so concerning the potential liabilities faced by directors and officers in the financial downturn and the importance of D&O insurance cover.