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 parties to a reinsurance contract and reinsurance terminologyThe principal parties to any reinsurance contract are the reinsurer, who assumes the...
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9th Nov
Practice notes
This Practice Note describes the main principles of marine insurance as governed by the Marine Insurance Act 1906. It looks at the principles of...
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9th Nov
Practice notes
The Practice Note entitled EU/UK financial and trade sanctions for insurers outlines the sanctions applicable to insurers, the nature of those...
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Produced in partnership with Daniel Martin of HFW 12th Jan
Practice notes
This Practice Note considers fundamental dishonesty both in the context of section 57 of the Criminal Justice and Courts Act 2015 (CJCA 2015) and the...
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9th Nov
Practice notes
What is subrogation?Subrogation is an equitable mechanism aimed at preventing unjust enrichment by permitting one party to ‘step into the shoes’ of...
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9th Nov
Practice notes
Decennial insurance is insurance that is taken out by contractors to cover costs associated with the potential collapse of a building after completion...
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Produced in partnership with David Savage of Charles Russell Speechlys LLP 12th Jan
Practice notes
Vitiation of an insurance policyAn insurance policy may be vitiated (or invalidated) if the insured:•misrepresents or fails to disclose any material...
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9th Nov
Practice notes
What is insurance law?Insurance law can be split into three parts:•insurance contract law which governs the contractual relationship between insureds...
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9th Nov
Practice notes
Brexit: The UK's departure from the EU on exit day, ie 31 January 2020, has implications for practitioners considering road traffic accidents. For...
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9th Nov
Practice notes
This Practice Note explains the Principles for Businesses (PRIN) set down by the Financial Conduct Authority (FCA). The Principles form part of the...
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9th Nov
Practice notes
This Practice Note looks at the limitation period for professional negligence (prof neg) claims and explains how to determine the date of accrual in...
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9th Nov
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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9th Nov
Practice notes
DefinitionsFraudDefined in Derry v Peek as where it is shown that:'a false representation has been made (1) knowingly, or (2) without belief in its...
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Produced in partnership with Andrew Wilson 12th Jan
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 12th Jan
Practice notes
Brexit: This Practice Note contains guidance on subjects impacted by the UK’s withdrawal from the EU. As of 31 January 2020 (exit day), the UK is no...
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Produced in partnership with Laura Bolado 12th Jan
Practice notes
Arbitrations arising from insurance and reinsurance disputes share many common features with other types of commercial arbitration. This Practice Note...
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Produced in partnership with Ralph Morley of 7KBW 12th Jan

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...
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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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