The on-line resource for the insurance run-off industry. http://www.runoffmarket.com 2010-03-10T06:14:51+01:00 http://www.runoffmarket.com http://www.runoffmarket.com/images/M_images/joomla_rss.png text/html 2010-03-02T17:36:27+01:00 http://www.runoffmarket.com http://www.runoffmarket.com/Reinsurance/Newsletter/InSure-March-2010.html InSure March 2010 This month's roundup of developments affecting the insurance industry sees the announcement that the FSA chief executive is to step down next summer, the European Commission initiating its review of the Insurance Mediation Directive, the FSCS announcing its plan and budget for 2010/11, .... Download (doc) (docs/a003/InsureMarch2010.doc) Newsletter... text/html 2010-02-26T15:38:53+01:00 http://www.runoffmarket.com http://www.runoffmarket.com/Reinsurance/Newsletter/Insurance-Regulatory-Alert-February-2010.html Contents: FSA bans director for client money failings; FSA issues corporate governance consultation paper; FSA issues Solvency II IMAP update; Solvency II - final CEIOPS advice on Level 2 Implementing Measures; Solvency II - first Level 3 guidance. text/html 2010-02-15T00:00:00+01:00 http://www.runoffmarket.com http://www.runoffmarket.com/Reinsurance/Newsletter/Resolve-Winter-2009.html This publication has been created to keep you up to date with recent changes and developments (and frequently forgotten core principles), which may cause you to change your corporate behaviour, and to bring to your attention any legal issues to which your business may be vulnerable. Contents: Lord Justice Jackson's... text/html 2010-02-08T00:00:00+01:00 http://www.runoffmarket.com http://www.runoffmarket.com/Reinsurance/Newsletter/Client-Alert-February-2010.html Jackson Paves The Way For Contingency Fees New fee structures part of a package intended to reduce costs Many clients will have felt the impact of contingency fees (advocates' fees based on a percentage of damages recovered) in judicial systems in the United States. A number of commentators on developments in... text/html 2010-02-03T02:00:00+01:00 http://www.runoffmarket.com http://www.runoffmarket.com/Reinsurance/Newsletter/Reinsurance-Notes-February-2010.html Decision rejecting Solvent Scheme due to lack of 'problem' overturned The Scottish Lion Insurance Company Limited First Division, Inner House, Court of Session – 29 January 2010 The Scottish Court of Appeal has overturned a decision by Lord Glennie on 10 September 2009 in which he refused to sanction a solvent... text/html 2010-02-03T00:01:00+01:00 http://www.runoffmarket.com http://www.runoffmarket.com/Reinsurance/Newsletter/InSure-February-2010.html InSure February 2010 This month's roundup of developments affecting the insurance industry sees CEIOPS releasing its first Level 3 Guidance on Solvency II, the FSA publishing a factsheet for general insurance providers, the Government excluding insurers from the Banking Act 2009, .... Download (doc) (docs/a003/InsureFebruary2010.DOC) Newsletter provided by Addleshaw Goddard -... text/html 2010-02-04T00:00:00+01:00 http://www.runoffmarket.com http://www.runoffmarket.com/Reinsurance/Newsletter/E-alert.html English Court has jurisdiction to hear dispute between Bermudian insured and Swiss reinsurer In Gard Marine Energy Ltd v (1) Lloyd Tunnicliffe (2) Glacier Reinsurance Ag (3) Agnew Higgins Pickering Co Ltd (9 October 2009), the English Court determined that it had jurisdiction to hear a dispute... text/html 2010-02-03T00:00:00+01:00 http://www.runoffmarket.com http://www.runoffmarket.com/Reinsurance/Newsletter/-E-Alert-Are-insureds-under-a-duty-to-take-care.html One would expect insureds to act in their own best interest, and not to jeopardize their chances of recovery under an insurance contract. A couple of recent cases, however, have highlighted the limited extent of an insured's duty in this respect. Contributory negligence The case of Dunlop Haywards (DHL)... text/html 2010-01-21T00:00:00+01:00 http://www.runoffmarket.com http://www.runoffmarket.com/Reinsurance/Newsletter/Wire-January-2010.html LORD JUSTICE JACKSON'S COSTS REVIEW: THE FINAL REPORT - A SUMMARY Lord Justice Jackson's Final Report following his Review of Civil Litigation Costs was published on 14 January 2010. The areas under review canvassed in the preliminary report in May 2009 were wide ranging and raised the prospect of contingency.... text/html 2010-01-15T00:00:00+01:00 http://www.runoffmarket.com http://www.runoffmarket.com/Reinsurance/Newsletter/Insurance-and-Reinsurance-Bulletin.html 15 January 2010 Pleural Plaques: Scottish Court declines to set aside legislation to make pleural plaques actionable. Opinion of Lord Emslie In the Petition of AXA GENERAL INSURANCE LIMITED, and others for Judicial Review of the Damages (Asbestos-related Conditions) (Scotland) Act 2009 [2010] CSOH 2 Download (pdf) (docs/a023/Newsflash%20Pleural%20Plaques.PDF) Newsletter provided by Lovells LLP -...