Insurance

Tile for Desai v Wood: Court of Appeal confirms treatment of liability insurance proceeds in liquidation
August 11, 2025

Desai v Wood: Court of Appeal confirms treatment of lia...

The Court of Appeal’s decision in Desai v Wood/Re Boscolo Limited (in liquidation) [2025] EWCA Civ 906 provides guidance on the treatment...
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Tile for Advising Ardonagh on the acquisition of RK Henshall (Holdings) Ltd
December 12, 2024

Advising Ardonagh on the acquisition of RK Henshall (Ho...

Stevens & Bolton’s corporate team has advised longstanding client, Ardonagh Advisory Broking Holdings Ltd, on its acquisition of RK...
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Tile for New ABI/Lloyd's guide on defining a cyber event released
November 14, 2024

New ABI/Lloyd's guide on defining a cyber event release...

A new guide designed to assist (re)insurers on how to define a major cyber event has been published by the Association of British...
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Tile for Forfeiture: planning to make a killing? Think again
October 2, 2024

Forfeiture: planning to make a killing? Think again...

The recent case of Leeson v McPherson serves as a reminder of the melancholy importance of the Forfeiture Act 1982, which prevents those...
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Tile for Outage outrage: CrowdStrike’s glitch sparks litigation concerns
July 29, 2024

Outage outrage: CrowdStrike’s glitch sparks litigatio...

The recent CrowdStrike outage on 19 July 2024 caused havoc across the world, leading to significant disruption across a host of...
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Tile for Critical Third Parties Regime
March 20, 2024

Critical Third Parties Regime

The Bank of England (BoE), the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) (the regulators) recently...
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Tile for PRA consultation on solvent exit planning for insurers
January 31, 2024

PRA consultation on solvent exit planning for insurers...

The PRA has released a consultation (CP2/24) (CP) on proposals for solvent exit planning for PRA-regulated insurers. The proposals were...
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Tile for A bespoke UK resolution regime for insolvent insurance companies
December 18, 2023

A bespoke UK resolution regime for insolvent insurance ...

Outcome of the UK government's market consultation and the likely shape and impact of the proposed regime The United Kingdom government...
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Tile for Establishing limitation periods in litigation: a timely reminder
November 24, 2023

Establishing limitation periods in litigation: a timely...

The recent case of Smith and another v Royal Bank of Scotland plc [2023] UKSC 34 highlights the importance of time limits in litigation....
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Tile for Advising on the asset sale of Clements Worldwide to Arthur J. Gallagher & Co
November 10, 2023

Advising on the asset sale of Clements Worldwide to Art...

Stevens & Bolton has acted in the asset sale of Clements Worldwide to Arthur J. Gallagher & Co. The sale was led by US firm...
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Tile for Clarification and consolidation, but no fundamental re-write: the PRA consults on amendments to its approach to third-country insurance branches in the UK
November 9, 2023

Clarification and consolidation, but no fundamental re-...

Third-country insurance branches in the UK (and overseas insurers looking to set up a UK branch) will welcome the additional guidance...
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Tile for IT provision in the financial sector – new advice on DORA applicability published
October 5, 2023

IT provision in the financial sector – new advice on ...

The European Supervisory Authorities have published new technical advice (ESA 2023 23) in relation to the Regulation on Digital...
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