Insurers warned against ‘funding’ ransomware payouts
The following Insurance & Reinsurance news provides comprehensive and up to date legal information on Insurers warned against ‘funding’ ransomware payouts
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
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.