The Prudential Regulation Authority ("PRA") has issued a letter, dated 4 July 2025, to Chief Risk Officers of life insurers active in the bulk purchase annuity ("BPA") market. The letter focusses on the use of so-called...more
The English Commercial Court has handed down an important decision highlighting the approach adopted by the English court when there are competing jurisdiction and arbitration clauses (“Competing Clauses”) and the effect of a...more
2/5/2025
/ Arbitration ,
Arbitration Agreements ,
Breach of Contract ,
Commercial Litigation ,
Contract Terms ,
Dispute Resolution ,
Insurance Industry ,
Insurance Litigation ,
Jurisdiction ,
Reinsurance ,
Reinsurance Agreements ,
UK