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Insurance

14 May 2019
Lawrence Theall Ontario court rejects well-established rules for interpreting insurance policy exclusions

Canada - Theall Group LLP

The Ontario Superior Court of Justice recently concluded that insurance policies should be interpreted differently when multiple insurers are involved. This decision runs contrary to the basic rules of contractual interpretation and conflicts with well-established precedent. If followed, it could lead to commercially unreasonable results and erode the benefits of coverage available to insured parties.

Authors: Lawrence Theall, Shaun Hashim
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Celia Jenkins Regulatory sandbox proposed for insurance sector

India - Tuli & Co

The Insurance Regulatory and Development Authority recently issued the Report of the Committee on the Regulatory Sandbox in the Insurance Sector in India, which proposes to establish a sandbox environment in the insurance sector. According to the report, the sandbox will facilitate innovation in the Indian insurance sector and provide an ecosystem to foster the experimentation required to increase insurance penetration in the market and benefit policyholders. However, reservations remain.

Authors: Celia Jenkins, Anuj Bahukhandi, Nimisha Srivastava
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Recent updates

Victoria Yang Injury claim between cohabiting family covered by homeowner's policy despite household exclusion

Canada - Theall Group LLP

Authors: Victoria Yang, Shaun Hashim
Hans Hammarbäck New guidance on classification of insurance‑based investment products

Sweden - Mannheimer Swartling

Authors: Hans Hammarbäck, Erik Schultz, Viktor Björkman
Darren Maher EU (Insurance Distribution) Regulations 2018: key changes for Ireland

Ireland - Matheson

Author: Darren Maher

Upcoming event

IBA - Maritime and Transport Law Conference: Opportunities and Risks in Shipping in 2019

21-22 May 2019 – Oslo, Norway

This leading conference will once again bring together practitioners from around the globe to discuss the latest developments in Maritime law including discussions on Maritime claims against governments, marine insurance, IMO sulphur emissions limits and many more topics.


For more details go to:
https://www.ibanet.org/Conferences/conf955.aspx?utm_source=maritime&utm_medium=listing&utm_campaign=ILO

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