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Claims Management

Set Alert for Insurance Day Regulars :: Claims Management

Should an insurer turn up for an arbitration?

Early and continuous engagement in any matter in which an insurer might wish to intervene is essential to protect the insurer’s interest

North America Claims Management

Decline in Lloyd’s Open Form use 'poses disastrous risk to life'

Financial considerations appear most important for falling off, with consensus emerging that LOFs are more expensive than alternatives, International Group report says

International Marine

Class actions set to be introduced to Ireland

New law aims to improve access to justice through a standardised EU-wide legal mechanism for bringing representative actions

Europe Ireland

'How claims handlers can improve performance without having to boost headcount'

The market has become increasingly competitive and with customers and brokers expecting results in ever shrinking timeframes, claims handling professionals are under more pressure than ever

International Chaucer

UK Club ‘disappointed’ by court ruling on Venezuela claim

Marine mutual cannot be granted permanent anti-suit injunction because South American government enjoys sovereign immunity, but loss of military patrol boat will go to London arbitration

Venezuela United Kingdom

Beware the risk of tripling costs in North Carolina

Federal court rules a policyholder may recover treble damages under the North Carolina Unfair and Deceptive Trade Practices Act where an insurer fails to adequately explain a denial of coverage

North America Legal focus
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Latest From Viewpoint

Heatwaves present overpayment risk to crop insurers

Arable crops are at particular risk because of extreme dry weather, but the adverse effects of drought and heat stress, which will potentially damage crop yield and quality, are uninsured

United Kingdom Specialty

Legacy sector needs to look to the future

The legacy market is continuing a period of robust growth, but those opportunities come with challenges for the market and its practitioners

International Legacy

'Insurers should be concerned about the increasing number of cyber attacks against professional firms'

Professional firms are often seen as targets by cyber criminals, as they hold vast amounts of sensitive data, yet many firms have gaps in their defences, which has a serious impact on losses claimed after an attack

International Cyber

Adaptability will be key to IFRS 17 transition

With six months to go until the implementation deadline for IFRS 17, there is still uncertainty about the new regime’s requirements and how they should be implemented, with some areas open to interpretation

Regulation Viewpoint

Germany’s transition to a green economy will lead to a new generation of M&A deals

As the country accelerates the legal and social transition it requires from corporates and individuals to meet its environmental targets, the way insurers look at M&A deals and how they are insured will be transformed

Germany Specialty

ESG investing in emerging markets can help de-risk insurance portfolios

Emerging markets can provide a spread advantage, but investors should pay attention to a higher level of systemic risks and ESG factors when making an emerging market allocation

International Asset management
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