This week's edition of Insurance & Reinsurance weekly highlights includes: reinsurer loses appeal over £69m coronavirus (COVID-19) catastrophe claim; insurers set for mega-trial over ‘lost’ planes stuck in Russia; AXA XL denies US$190m claim for planes stranded in Russia; Lloyd’s says forgery sinks claim over ship struck in Ukraine; Santander, Skipton beat attempts to re-open PPI settlements; insurers forecast to take €2.1bn hit from European floods; insurance to fall as motor injury rate is cut in Scotland and NI; review of Solvency II: PRA issues statement on existing Solvency II rule waivers and modifications; BoE plans to fast-track insurance special purpose vehicles; FCA plans new measures on non-financial misconduct; EIOPA outlines work programme for 2025; EIOPA seeks views on supervision of IORPs’ liquidity risk management; cases and decisions; key dates for your diary; and other news highlights reported over the past week.
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Implications of climate change for the insurance industrySTOP PRESS—Impact of the Retained EU Law (Revocation and Reform) Act 2023: This document contains references to retained EU law (REUL) and associated terms introduced by the European Union (Withdrawal) Act 2018 in connection with Brexit. From
If planning permission imposes restrictions on a licensed premises opening hours, once operational can the personal licence holder apply for a Temporary Events Notice (TEN) to open for longer hours than those permitted in the planning permission?To use any property for a licensable activity both
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