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eAlerts Récentes

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  14/01/2025

  United Kingdom

  No epidemic of Covid-19 Employers Liability claims - Edwards & Others v 2 Sisters Food Group Ltd [2024] EWCC 21 considered

  In Edwards & Others v 2 Sisters Food Group Ltd [2024] EWCC 21, the defendant successfully applied for summary judgment against all claimants on the basis that their claims had no realistic prospect of success.The claimants worked at 2 Sisters Food Group’s chicken factory in Llangefni, Anglesey. All claimed that they had developed symptoms of Covid-19 in or around June 2020. It was alleged that 2 Sisters had breached its duty of care towards them, failing to take all reasonable steps to manage the risk of transmission within the factory, and that their Covid-19 disease had been caused...

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  20/12/2024

  United Kingdom

  Avoiding bias in supervised machine learning tools

  On 11 December, the FCA published a research note on bias in artificial intelligence (AI). This publication is part of a series from the FCA exploring how AI intersects with financial services. The document does not constitute guidance for firms but aims to stimulate discussion on issues involved in building and implementing AI systems.The research note focusses on bias in supervised machine learning models. Supervised machine learning models predict outcomes (such as the future risk of someone making an insurance claim) based on past training data. The FCA focusses on how unjustified differences...

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  28/11/2024

  United Kingdom

  Insights on contribution claims under the 2010 Act from Riedweg v HCC International Insurance Plc & Anor

  The decision in Riedweg v HCC International Insurance Plc & Anor [2024] EWHC 2805 (Ch) provides critical guidance for insurers on potential contribution claims or recovery actions where there is a claim against them pursuant to the Third Parties (Rights against Insurers) Act 2010 (2010 Act).BackgroundThe case of Riedweg concerned a professional negligence claim brought by Nicole Marlene Riedweg (the claimant). The claimant alleged that Goldplaza Berkeley Square Ltd (Goldplaza) had negligently overvalued a property she contracted to purchase for £8 million in December 2016.  The claimant...

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  21/11/2024

  United Kingdom

  Critical third parties: final policy and rules demonstrate a welcome cooperation between regulators and industry

  The new critical third parties (CTPs) regime comes into force from 1 January, 2025 and will be hugely significant for designated CTPs to the UK financial sector.The policy statement issued jointly by the Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) and Bank of England (PS24/16/PS16/24) provides feedback to responses received to the consultation paper earlier this year.Overall, the finalised rules have focused this expansion of the regulatory perimeter on the most systemic risks to the financial industry presented by CTPs.ClarificationThe new rules offer some helpful...

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  20/11/2024

  United Kingdom

  Mansion House Speech: Points of interest for the insurance sector

  The Chancellor, Rachel Reeves, delivered her first Mansion House speech on 14 November. The message was clear – the Government wants to achieve secure and sustainable economic growth, and competitiveness and growth in the UK’s financial services sector is key. Regulatory changes made after the financial crisis to eliminate risk-taking have ‘gone too far’: “the UK has been regulating for risk, but not regulating for growth…now is…the moment to rebalance our approach”. There is a push for the regulators to focus on this and the PRA and FCA have...

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  20/11/2024

  Suisse

  Comprendre l'assurance garantie et indemnisation

  GB

  Comprendre l'assurance garantie et indemnisationQu'est-ce que l'assurance W&I ?L'assurance garantie et indemnisation ('Warranty and Indemnity' W&I) est un produit d'assurance couramment utilisé dans les opérations de fusion et d'acquisition. Elle est conçue pour protéger l'assuré contre les pertes financières résultant de la violation des garanties et de certaines indemnités accordées par le vendeur dans les documents de transaction d'une opération de fusion et d'acquisition.Pourquoi souscrire une assurance W&I ?Dans...

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