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Insurance

30 June 2020
Jia Wan Can foreign investors capitalise on insurtech's growth in China?

China - AnJie Law Firm

It is no secret that China's insurance industry presents good upside growth opportunities and China's insurtech market continues to grow rapidly. Foreign insurers are currently underrepresented in this market, even as former market barriers to entry continue to fall. This market presents great potential for foreign insurers, and Western insurers in particular have centuries of experience to share with their Chinese counterparts.

Author: Jia Wan
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Christian Werenberg Putting out fires: hot work and insurance coverage for fire damage

Denmark - WSCO Advokatpartnerselskab

The execution of 'hot work' (ie, work which carries the risk of fire) often results in fires. Therefore, anyone who executes or arranges for the execution of hot work should be aware of how damages and possible liability for damages can be avoided. Hot work insurance policies should also be thoroughly examined. This article highlights the rules that craftspeople, contractors and clients must consider before and during the execution of hot work, as well as the associated liability issues.

Author: Christian Werenberg
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Peggy Sharon Insurance class actions due to COVID-19 pandemic

Israel - Levitan, Sharon & Co

Has the COVID-19 pandemic led to the filing of insurance class actions which are typical of such crises? This article discusses class actions relating to motor, business and apartment insurance based on the allegation that the insureds paid monies (eg, premiums) for a period during which they did not enjoy any or full consideration for these payments.

Authors: Peggy Sharon, Moshe Stern
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Markus Dörig Are the effects of the COVID-19 pandemic insured? Ombudsman commissions legal expert's opinion

Switzerland - Badertscher Attorneys at Law

After spreading from Wuhan to Switzerland in less than three months, the COVID-19 crisis is creating major challenges for Swiss insurers, particularly with regard to whether insurance coverage for the effects of an epidemic also apply to a pandemic. The Swiss Ombudsman of Private Insurance recently commissioned Law Professor Dr Walter Fellmann to issue a legal opinion regarding selected epidemic insurance wordings. This article discusses the conclusions of Fellmann's legal opinion.

Authors: Markus Dörig, Alexandra Bösch
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Recent updates

Christian Werenberg Smooth sailing? Jurisdiction agreements in yacht insurance contracts

Denmark - WSCO Advokatpartnerselskab

Author: Christian Werenberg
Carolin Schilling-Schulz Federal Court of Justice rules on policyholder's insolvency under D&O insurance policy

Germany - Arnecke Sibeth Dabelstein

Authors: Carolin Schilling-Schulz, Katharina Schmidtke
David Maria Marino Claims-made clauses: an end to uncertainty?

Italy - DLA Piper

Authors: David Maria Marino, Leila Bianchi
Anthony Dempster Indemnity to be awarded on reinstatement basis for damaged property which had not been reinstated

United Kingdom - Herbert Smith Freehills LLP

Authors: Anthony Dempster, Alison Morris
Ella Boardman COVID-19 Weekly Report (18-24 May 2020)

International - International Law Office

Author: Ella Boardman

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