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ARTICLE · 18 APRIL 2012

Insurance And Reinsurance Weekly Update - 27 March 2012

Clyde & Co
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Welcome to the eleventh edition of Clyde & Co’s (Re)insurance and litigation caselaw weekly updates for 2012.

United KingdomInsurance
Nigel Brook
Nigel Brook
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Welcome to the eleventh edition of Clyde & Co's (Re)insurance and litigation caselaw weekly updates for 2012.

These updates are aimed at keeping you up to speed and informed of the latest developments in caselaw relevant to your practice. Please follow this link for further details of the following recent cases:

COMBINED INSURANCE COMPANY OF AMERICA, RE

Notification requirements for a Part VII transfer and former policyholders

http://www.bailii.org/ew/cases/EWHC/Ch/2012/632.html

The FSA agreed certain relaxations of the notification requirements for a Part VII transfer. However, one issue remained: Should individual notice be given not only to the current policyholders of the transferor, but also to certain former policyholders as well? The issue arose because of a Past Business Review ("PBR") which was being conducted into the transferor's business, the outcome of which might affect those former policyholders. The purpose of the PBR was said to be "to

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