About Insurance & Reinsurance Law
Lexis®+ Insurance & Reinsurance caters for both contentious and non-contentious practitioners. It delivers practical guidance on topics ranging from regulatory obligations that apply to insurers and insurance intermediaries, to key legal concepts
in insurance and reinsurance law and practice, to guidance on particular classes of insurance.
Insurance claims
We provide practical guidance in relation to insurance claims, including on subrogation, allocation and aggregation, together with detailed guidance on relevant legislation.
Regulation of insurance
We provide comprehensive guidance on the regulation of insurance in the UK and the EU, alongside trackers and guidance on hot topics such as implementing the FCA's new consumer duty.
Types of insurance
Our guidance includes Practice Notes on the different types of insurance, ranging from aviation insurance to warranty and indemnity cover, and everything in between.
Intermediaries and market practice
Get practical guidance on the functions and duties of insurance intermediaries along with guidance on insurance and reinsurance market practice. This includes a detailed glossary and Practice Notes pack.
Our Insurance & Reinsurance Experts
Susie Wakefield
Charlotte Shakespeare
Rebecca Huggins
Bob Haken
Jonathan Drake
Latest Insurance & Reinsurance News
The Prudential Regulation Authority (PRA) has published policy statement PS15/24 finalising its rules and policy materials that will replace Solvency...
On 14 November 2024, the fourth day of the 29th Conference of the Parties of the United Nations Framework Convention on Climate Change (COP29) focused...
The European Insurance and Occupational Pensions Authority (EIOPA) has published an opinion on the impact of increased size thresholds as part of the...
HM Treasury is consulting on the potential for a new approach to captive insurance companies, with the aim of supporting the competitiveness of the UK...
The European Insurance and Occupational Pensions Authority (EIOPA) has welcomed the approval of the global Insurance Capital Standard (ICS) by the...
Latest Insurance & Reinsurance Practice Notes
FCA and PRA authorisation under Part 4A of FSMA 2000STOP PRESS: FCA Policy Statement PS21/16 set out reforms to the FCA’s decision-making process,...
Flood insurance—overview of the marketIntroduction to flood insuranceThe property, legal and financial markets are becoming increasingly sensitive to...
Insurance provisions in real estate finance transactionsIn real estate finance transactions, the property is the main asset of the borrower and the...
Marine insurance—essentialsIntroductionThis Practice Note aims to introduce the reader to the key concepts of the law of marine insurance and...
Taking security over insurance policiesRights under insurance policies are a type of contractual right.Lenders can take security over insurance...
Latest Insurance & Reinsurance Precedents
Company's Transfer Agent Instructions (IPO)[[COMPANY LETTERHEAD]][[TRANSFER...
Letter to client—enclosing copy of police reportI have now received from the police a copy of the report relating to the accident.The police report is...
Claim against a driver for travelling at excessive speedIn the county court at [insert]Claim No: [insert claim number]BetweenA B ClaimantandX...
Letter to Police—requesting police accident reportRoad Traffic Accident: [place of accident]On: [date of accident]Our Client: [name of client]Vehicle:...
Claim against a driver for a collision while overtakingIn the COUNTY COURT AT [insert]Claim No: [insert claim number]BetweenA B ClaimantandX...
Latest Insurance & Reinsurance Q&As
Featured Insurance & Reinsurance content
Insurable interest
Insurable interestThis Practice Note considers insurable interest, including insurable interest in construction and liability insurance. It also...
The functions and duties of insurance brokers—policy placement
The functions and duties of insurance brokers—policy placementThis Practice Note provides a high level introduction to the functions and duties of...
Public liability insurance—essentials
Public liability insurance—essentialsPublic liability insurancePublic liability insurance is a form of liability insurance that indemnifies a...
Double insurance and contribution
Double insurance and contributionOverlapping insurance policesThere are various reasons why an insured may end up with overlapping insurance cover,...
An introduction to Lloyd’s of London
An introduction to Lloyd’s of LondonWhat is the Lloyd’s market?The Lloyd’s market is an insurance market, whose origins date back to the seventeenth...
Insurance agents and brokers
Insurance agents and brokersWhat is the difference between an agent and a broker?Where insurance is transacted through an intermediary, that...
Professional indemnity insurance—essentials
Professional indemnity insurance—essentialsWhat is professional indemnity insurance?Professional indemnity insurance is a form of liability insurance....
General principles of insurance contract law
General principles of insurance contract lawWhat is insurance law?Insurance law can be split into three parts:•insurance contract law which governs...
Exclusion clauses in insurance contracts
Exclusion clauses in insurance contractsWhat are exclusion clausesUnlike some exclusion or exemption clauses in ordinary contracts, an exclusion...
Insurance premium
Insurance premiumAn insurance premium is the sum paid for insurance or reinsurance cover and is the consideration paid by the (re)insured for the...
Marine insurance—general principles
Marine insurance—general principlesThis Practice Note describes the main principles of marine insurance as governed by the Marine Insurance Act 1906....
What is a contract of insurance?
What is a contract of insurance?This Practice Note covers the legal framework and regulatory guidance to be considered in determining whether an...
Sanctions clauses and the effect of sanctions on insurance policies
Sanctions clauses and the effect of sanctions on insurance policiesThe Practice Note entitled EU/UK financial and trade sanctions for insurers...
Product liability and product recall insurance
Product liability and product recall insuranceWhat is product liability insurance?Product liability insurance provides an indemnity to a business in...
Trade credit insurance
Trade credit insuranceTrade credit insurance typically provides protection to a policyholder against non-payment of accounts receivable, due to the...
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¸é±ð¾±²Ô²õ³Ü°ù²¹²Ô³¦±ð—e²õ²õ±ð²Ô³Ù¾±²¹±ô²õThe parties to a reinsurance contract and reinsurance terminologyThe principal parties to any reinsurance contract are the...
ICOBS Insurance: Conduct of Business Sourcebook—application, general matters, distance communications, information about the firm and product information
ICOBS Insurance: Conduct of Business Sourcebook—application, general matters, distance communications, information about the firm and product...
Terms of Business Agreement (TOBA)—insurer and managing agent/broker
Terms of Business Agreement (TOBA)—insurer and managing agent/brokerAn Agreement dated [date] governing the conduct of Insurance Business...
Associated legal terms
Co-insurance
Where a policy is written and claims are paid, by more than one insurer or reinsurer, under separate contracts of insurance.
Material Fact
A fact that is known, or ought to be known by an insured, is material to be disclosed to insurers if it would affect their assessment of the risk, the terms on which they are willing to underwrite it, or the premium they require to do so.
Reservation of Rights
An express indication by insurers stating that rights are reserved or there is a reservation of rights under the policy, means that indemnity under the insurance policy has not been confirmed. Any continued assistance provided by insurers is not to be deemed as waiving the position on insurance coverage.
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