Insurance & Reinsurance Law

Lexis®PSL 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.

The module is designed around a core set of subtopics that deal with the principles of insurance and reinsurance law, such as subrogation or the duty to make a fair risk presentation. These subtopics span insurance, reinsurance, and intermediaries and market practice.

Two other major topics are corporate, and regulation of insurance. These topics include guidance on a range of corporate and regulatory subjects including business transfers, establishment of branches and insolvency. Guidance on innovative or specialised insurance and reinsurance structures such as insurance linked securities and captives is also found here.

Under ‘Regulation of insurance’, we cover all aspects of the national and international regulatory frameworks that apply to insurers, reinsurance and insurance intermediaries. This includes practical guidance on each type of regulated activity, with a firm focus on what is relevant to the insurance industry. It also includes sub-topics dealing with governance and the prudential regulation of insurers.

The module also features subtopics on different types of insurance, all of which have their own characteristics and give rise to particular issues. These subtopics feature Practice Notes covering the relevant legal and practical issues, together with helpful materials such as checklists and precedents for letters before action and statements of case.

Lexis®PSL Insurance & Reinsurance also provides daily analysis of the news and latest insurance cases together with coverage of current trends, emerging risks and market developments, including Brexit and the impact of coronavirus (COVID-19) on insurers and policyholders.
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Featured Insurance & Reinsurance content

Practice notes
The principle of subrogationSubrogation is the right of an insurer, once it has made payment to its insured for loss covered by an insurance policy,...
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4th May
Practice notes
Effect of liquidation on reinsurance recoveriesWhen an insurer goes into liquidation, its liquidator will almost certainly look to the company's...
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4th May
Practice notes
What is a friendly society?There has been a system of registration, and with it regulation, of friendly societies since the enactment of the first...
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Produced in partnership with John Gilbert of Hogan Lovells International LLP 4th May
Practice notes
Overlapping insurance policesThere are various reasons why an insured may end up with overlapping insurance cover, whether deliberately or...
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Produced in partnership with Susie Wakefield and Matthew Brown of Shoosmiths LLP 4th May
Practice notes
IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s...
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Produced in partnership with Daniel Martin of HFW 4th May
Practice notes
This Practice Note covers the legal framework and regulatory guidance to be considered in determining whether an arrangement constitutes a contract of...
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Produced in partnership with RPC 4th May
Practice notes
The parties to a reinsurance contract and reinsurance terminologyThe principal parties to any reinsurance contract are the reinsurer, who assumes the...
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4th May
Practice notes
This Practice Note explains insurance industry practice in relation to loss reserves, insurance claims data and loss development triangles in general...
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4th May
Practice notes
BREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation period entered into following the...
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Produced in partnership with Mark Compton and Lauren Smith of Mayer Brown International LLP 4th May
Practice notes
BREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation period entered into following the...
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4th May
Practice notes
With the significant rise in the use of Warranty and Indemnity (W&I) insurance in private M&A transactions, lawyers are increasingly involved in the...
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Produced in partnership with Adrian Furlonge of Hemsley Wynne Furlonge LLP 4th May
Practice notes
This Practice Note provides a high level introduction to the functions and duties of insurance brokers and explains the roles of insurance brokers and...
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4th May
Practice notes
Public liability insurance contractsTermsA public liability policy normally contains restrictions of liability by reference to the type of business...
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4th May
Practice notes
Insurance contracts have always had an aura of mystery about them in the eyes of law students and lawyers. This is because they are contracts of the...
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Produced in partnership with Alexander Rosenfield of Fenchurch Law and John Curran of Fenchurch Law 4th May
Practice notes
Duty of 'fair presentation'Under the Insurance Act 2015, s 3 (IA 2015), the insured has a duty to make a 'fair presentation' of the risk to the...
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4th May
Practice notes
BREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation period entered into following the...
Read More >
4th May

Most recent Insurance & Reinsurance content

Practice notes
IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s...
Read More >
29th Jan
Practice notes
On 31 January 2020, the UK ceased to be a member of the EU and EEA. This Practice Note introduces:•the General Data Protection Regulation, Regulation...
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29th Jan
Practice notes
Silent (or non-affirmative) cyber coverage and the systemic risk it poses is a serious concern for the insurance industry, leading to scrutiny from...
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Produced in partnership with Andrew Jones of Beale & Co 29th Jan
Practice notes
This Practice Note considers the key provisions of the Third Parties (Rights Against Insurers) Act 2010 (the 2010 Act), which replaced the Third...
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28th Jan
Precedents
[ON THE HEADED NOTEPAPER OF CLAIMANT’S SOLICITORS]FAO [[APPROPRIATE DIRECTOR OR SENIOR PARTNER]][NAME OF DEFENDANT BROKER][ADDRESS LINE 1][ADDRESS...
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28th Jan
Precedents
[ON THE HEADED NOTEPAPER OF CLAIMANT’S SOLICITORS]FAO [RELEVANT NAME][NAME OF DEFENDANT OR DEFENDANT’S SOLICITOR IF KNOWN][ADDRESS LINE 1][ADDRESS...
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Produced in partnership with Steven O'Sullivan 28th Jan
Precedents
[ON THE HEADED NOTEPAPER OF CLAIMANT’S SOLICITORS]FAO [[APPROPRIATE DIRECTOR]][NAME OF DEFENDANT BROKER][ADDRESS LINE 1][ADDRESS LINE...
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Produced in partnership with Steven O'Sullivan 28th Jan
Precedents
[ON THE HEADED NOTEPAPER OF CLAIMANT’S SOLICITORS]FAO [MANAGING PARTNER][NAME OF DEFENDANT ACCOUNTANT][ADDRESS LINE 1][ADDRESS LINE...
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Produced in partnership with Leigh Callaway of Fladgate 28th Jan
Precedents
[ON THE HEADED NOTEPAPER OF CLAIMANT’S SOLICITORS]FAO [APPROPRIATE DIRECTOR][NAME OF DEFENDANT BROKER][ADDRESS LINE 1][ADDRESS LINE...
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Produced in partnership with Steven O'Sullivan 28th Jan
Precedents
[ON THE HEADED NOTEPAPER OF THE CLAIMANT’S SOLICITORS]FAO [CLIENT PARTNER OR SENIOR PARTNER][NAME OF DEFENDANT FIRM][ADDRESS LINE 1][ADDRESS LINE...
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28th Jan
Precedents
[ON THE HEADED NOTEPAPER OF CLAIMANT’S SOLICITORS]FAO [MANAGING PARTNER][NAME OF DEFENDANT ACCOUNTANT][ADDRESS LINE 1][ADDRESS LINE...
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Produced in partnership with Steven O'Sullivan 28th Jan
Precedents
[ON THE HEADED NOTEPAPER OF CLAIMANT’S SOLICITORS]FAO [[CLIENT PARTNER OR SENIOR PARTNER]][NAME OF DEFENDANT FIRM][ADDRESS LINE 1][ADDRESS LINE...
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28th Jan
Precedents
[ON THE HEADED NOTEPAPER OF CLAIMANT’S SOLICITORS]FAO [MANAGING PARTNER][NAME OF DEFENDANT ACCOUNTANT][ADDRESS LINE 1][ADDRESS LINE...
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28th Jan
Precedents
[ON THE HEADED NOTEPAPER OF CLAIMANT’S SOLICITORS]FAO [CLIENT PARTNER OR SENIOR PARTNER][NAME OF DEFENDANT ][ADDRESS LINE 1][ADDRESS LINE...
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28th Jan
Precedents
[ON THE HEADED NOTEPAPER OF CLAIMANT’S SOLICITORS]FAO [MANAGING PARTNER][NAME OF DEFENDANT ACCOUNTANT][ADDRESS LINE 1][ADDRESS LINE...
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28th Jan
Precedents
[ON THE HEADED NOTEPAPER OF CLAIMANT’S SOLICITORS]FAO [MANAGING PARTNER][NAME OF DEFENDANT ACCOUNTANT][ADDRESS LINE 1][ADDRESS LINE...
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28th Jan
Precedents
[ON THE HEADED NOTEPAPER OF CLAIMANT’S SOLICITORS]FAO [RELEVANT NAME][NAME OF DEFENDANT SURVEYOR][ADDRESS LINE 1][ADDRESS LINE 2][POSTCODE][DATE]Dear...
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Produced in partnership with Steven O'Sullivan 28th Jan
Precedents
[ON THE HEADED NOTEPAPER OF CLAIMANT’S SOLICITORS]FAO [CLIENT PARTNER OR SENIOR PARTNER][NAME OF DEFENDANT][ADDRESS LINE 1][ADDRESS LINE...
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Produced in partnership with Leigh Callaway of Fladgate 28th Jan
Precedents
[ON THE HEADED NOTEPAPER OF CLAIMANT’S SOLICITORS]FAO [HEAD OF BARRISTERS CHAMBERS][NAME OF CHAMBERS][ADDRESS LINE 1][ADDRESS LINE...
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Produced in partnership with Leigh Callaway of Fladgate 28th Jan
Practice notes
This Practice Note considers causation and remoteness in professional negligence claims, encompassing the ‘but for’ test (considered in Kuwait Airways...
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28th Jan

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