UK Covid BI litigation still favouring buyers as Stonegate appeals
Covid-19 business interruption (BI) litigation in the UK continues to favour policyholders despite insurers’ claims to have prevailed in recent…
Bank Julius Baer fined £18m for improper Russian oil commissions
UK regulator the Financial Conduct Authority (FCA) has fined Swiss private bank Julius Baer International (JBI) £18m for breaches of…
European court erases years of progress in battle against dirty money, claims Transparency International
The Court of Justice of the European Union (CJEU) has set back the fight against cross-border corruption by years, according…
SMBC Aviation latest to sue insurers over Russian jet losses
SMBC Aviation Capital has become the latest aircraft leasing company to file a legal claim against its insurers for jets…
S&P gives London P&I Club negative outlook
S&P has revised its outlook on the London P&I Club to negative from stable over capital adequacy fears, as weak…
Water companies face untreated sewage claim in English class action
A class action seeking damages for alleged unlawful discharges of untreated sewage and wastewater into England’s waterways has been filed…
