HFW Insurance Bulletin: July 2019 Edition 1

Costas Frangeskides
Partner
Holman Fenwick Willan LLP

HFW Insurance Bulletin: July 2019 Edition 1

1. Court cases and arbitration

• England & Wales: Woodward v Phoenix: all’s fair in love and war?
  The Court of Appeal has recently addressed the question of whether a solicitor has a duty to point out a mistake by his opponent, in circumstances where not doing so could deprive a claimant of its claim altogether.
• Australia: Insolvent but still not excluded
  The appeal decision of the Full Federal Court in AIG Australia Limited v Kaboko Mining Limited confirmed that an insolvency exclusion D&O policy was not triggered where a cause of action by a company against its former directors did not contain allegations of insolvency, notwithstanding that the directors’ actions arguably led to the company’s insolvency.
  

  Brendan McCashin

  2. Market developments

  • UK: Key strategic issues facing the insurance and long-term savings sectors – ABI keynote speech
    At the JPMorgan European Insurance Conference on 18 June 2019, the Director General of the Association of British Insurers (ABI), Huw Evans, delivered a keynote speech on the strategic issues facing the insurance and long-term savings sectors, against the backdrop of a looming Brexit, new Prime Minister, and potential General Election in the not too distant future.

  For further information please contact the authors of this bulletin.

Rebecca Huggins