HFW Insurance Bulletin – 12 Feb. 2015

Welcome to HFW’s Insurance Bulletin, which is a summary of the key insurance and reinsurance regulatory announcements, market developments, court cases and legislative changes of the week.

In this week’s Bulletin:

1. Regulation and legislation

• UK: European Commissioner discusses the recast Insurance Mediation Directive (2002/92/EC) (IMD2), byNazim Alom, Associate.
• UK: Developments on Solvency II, by Nazim Alom, Associate.
• India: India’s Insurance Bill could open the door for Lloyd’s, by Alison Proctor, Associate.

2. Court cases and arbitration

• UK: Queen’s Bench Division of the Commercial Court considers justification for transfer of proceedings from Chancery Division to the Commercial Court in London, byAlison Proctor, Associate.
• Australia: Victorian Court of Appeal considers the characteristics of a non-executive director,
  by Mikaela Stafrace, Special Counsel.

3. HFW publications

• Europe: What would be the consequences of Greece leaving the Eurozone?, by Costas Frangeskides, Partner and Ben Atkinson, Associate.

4. News

Should you require any further information or assistance on any of the issues dealt with here, please do not hesitate to contact any of the contributors to this Bulletin, or your usual contact at HFW.