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Insurers are not meeting the expectations of SMEs in their handling of insurance claims, a study by the UK's Financial Conduct Authority (FCA) has found. 22 May 2015
A ruling by a US court has highlighted why businesses should not rely on general insurance policies to provide cover for cyber risks, an expert has said. 19 May 2015
This guide was last updated in November 2014
This guide is based on the law of England and Wales. It was last updated in May 2012.
This note is based on the law of England and Wales and was last updated in March 2012.
This guide is subject to UK law and was last updated in March 2012.
This guide is subject to UK law and was last updated in February 2012.
A person who takes out insurance must have an 'insurable interest' in the subject matter of the cover – otherwise, the contract will be invalid andd may even be illegal in some instances.
Changes to Pool Re, the UK’s government-backed terrorist risk reinsurance scheme, will make it “more reflective of the underlying risk” given the changing nature of terrorist attacks, and will come into force on 1 October it has confirmed. 19 May 2015
FOCUS: Catastrophe reinsurance is changing, according to a new book that claims to be the first detailed study of the sector. But by distancing reinsurance from the underlying risks, the market could be in danger of repeating the failures of the 1980s and... 14 May 2015
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