Insurance Law

Chair of Insurance Law Committee

Philip Hill, Clifford Chance LLP
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23/02/2017 - CLLS Response to PRA and FCA ILS Consultation

Insurance Law Committee response to the PRA and the FCA's consultation on the authorisation and supervision of insurance special purpose vehicles
Download this file (CLLS Response to PRA and FCA ILS Consultation 23 02 17.pdf)

18/01/2017 - CLLS response to HM Treasury consultation on ILS

City of London Law Society's response to HM Treasury's consultation on regulations implementing a new regulatory and tax framework for Insurance Linked Securities
Download this file (CLLS response to HM Treasury ILS consultation 18 01 17.pdf)

25/07/2016 - Potential Impact of Brexit on the Insurance Industry

Potential Impact of Brexit on the Insurance Industry
Download this file (Potential impact of Brexit - Insurance Law Committee - July 2016.pdf)

20/05/2016 - CLLS Response on Draft Insurable Interest Bill

Download this file (CLLS Response to Insurable Interest Bill - 20 May 2016.pdf)

03/03/2015 - Minutes of Insurance Law Committee meeting - 3rd March 2015

Download this file (Minutes of meeting 3 March 2015 - CLLS Insurance Law Commitee.pdf)

02/12/2014 - Response to House of Lords Special Public Bill Committee's Call for Evidence on the Insurance Bill

Download this file (Response to Special Public Bill Commitee call for evidence on Insurance Bill.pdf)

09/07/2014 - Response to HMT consultation on the Insurance Contracts Law draft Bill

The Insurance Law Committee recently commented on the draft Insurance Contracts Bill (as it was then titled) in response to an HMT consultation on the Bill. HMT consulted on whether the draft Bill had a broad consensus of support, in order to determine whether it would be suitable for consideration under the new House of Lords procedure for uncontroversial Law Commission Bills. Following many years of involvement in the Law Commission's consultation process on insurance law reform, the Committee also submitted comments separately to the Law Commission on the draft Bill (see above). The Bill was recently introduced into Parliament as the Insurance Bill.
Download this file (20140707 CLLS Insurance Law Committee response to HM Treasury consultation 2 July    (2).pdf)

09/07/2014 - Letter to the Law Commission regarding Insurance Contracts Law draft Bill

Download this file (20140708 CLLS Insurance Law Committee letter to the Law Commissions 2 July 2014 (2).pdf)

04/11/2013 - Response to PRA Consultation Paper on Capital extractions by run-off firms within the general insurance sector (CP7/13)

The consultation sought views on the PRA’s draft supervisory statement which clarifies the PRA’s expectation of compliance with existing prudential provisions within the PRA Handbook for run-off firms in the general insurance sector. The response welcomed the consultation paper as a helpful expansion of the PRA’s thinking and the internal procedures it applies when considering a proposal for capital extraction, but raised several points which it felt required clarification.
Download this file (20131025 CLLS Insurance Law Committee Response to PRA Consultation Paper CP7-13.pdf)

01/11/2013 - Response to PRA Consultation Paper on Schemes of arrangement by general insurance firms (CP6/13)

The consultation sought views on the PRA’s draft supervisory statement which explains the stance the PRA will take where insurance firms are proposing schemes of arrangement for solvent insurers. The response raised a number of concerns, and stated that it appeared that in a number of respects, the consultation paper was not consistent with the PRA’s stated policy on insurance supervision as set out in the PRA Approach Document.
Download this file (20131025 CLLS Insurance Law Committee Response to PRA Consultation Paper CP6-13 (2).pdf)

19/03/2013 - Response to FSA consultation paper CP 12/38 - Mutuality and with-profits funds:

Response to FSA consultation paper CP 12/38 - Mutuality and with-profits funds: a way forward
Download this file (20130319-1036-CLLS-Insurance-Law-Committee-response-to-FSA-CP12-38-(final).pdf)

20/12/2012 - Review of Client Money Rules for Insurance Intermediaries

Review of Client Money Rules for Insurance Intermediaries
Download this file (Response-to-FSA-Consultation-Paper-Review-of-the-client-money-rules-for-.pdf)

20/03/2012 - Response to The Law Commission Consultation Paper “Insurance Contract Law:

Response to The Law Commission Consultation Paper “Insurance Contract Law: Post Contract Duties and Other Issues”
Download this file (20120323-Insurance-Law-Committee-response-to-the-Law-Commission-consultatio~.pdf)

14/03/2012 - Response to HM Treasury consultation on ECJ Judgment in case 236/09

Response to HM Treasury consultation on ECJ Judgment in case 236/09 Test Achats
Download this file (20120315-Insurance-Law-Committee-response-to-HM-Treasury-consultation-on-EC~.pdf)

25/06/2010 - Response to Strengthening the Administration Regime for Insurers Consultation

Response to Strengthening the Administration Regime for Insurers Consultation
Download this file (strengthen-the-admin-regime.pdf)

24/06/2010 - Response to Law Commission Review of Insurance Contract Law Issues Paper 6

Response to Law Commission Review of Insurance Contract Law Issues Paper 6 - Damages for Late Payment and the Insurer's Duty of Good Faith
Download this file (Damages-for-Late-Payment-and-the-Insurer's-Duty-of-Good-Faith.pdf)

16/12/2008 - Response to the targeted consultation by the Ministry of Justice on the Third

Response to the targeted consultation by the Ministry of Justice on the Third Parties (Rights Against Insurers) Bill
Download this file (Response-to-the-targeted-consultation-by-the-Ministry-of-Justice-on-the-Thi~.pdf)

01/10/2008 - Insurance Law Committee Business Plan 2008/09

Insurance Law Committee Business Plan 2008/09
Download this file (Insurance-Law-Committee-Business-Plan-2008.pdf)

15/09/2008 - Response to FSA Consultation Paper 08/11 With-Profits Funds - Compensation

Response to FSA Consultation Paper 08/11 With-Profits Funds - Compensation and Redress
Download this file (20080903-Response-re-Financial-Services-Authoritys-Consultation-Paper-08-11~.pdf)

25/06/2008 - Response to the Ministry of Justice Consultation on Rome I - Should the UK

Response to the Ministry of Justice Consultation on Rome I - Should the UK opt in?
Download this file (20080625-Rome-1-Submission---Insurance-Law-Cttee.pdf)

14/04/2008 - Law Commission Review of Insurance Contract Law - Paper 4 Insurable Interest

Law Commission Review of Insurance Contract Law - Paper 4 Insurable Interest
Download this file (Insurable-interest.pdf)

23/11/2007 - Law Commission Review of Insurance Contract Law - Response to Consultation

Law Commission Review of Insurance Contract Law - Response to Consultation on Misrepresentation, Non-Disclosure and Breach of Warranty by the Insured
Download this file (Mis-rep-Non-disc-and-breach-of-warranty.pdf)

23/10/2007 - Response to HM Treasury on proposals to implement the Reinsurance Directive

Response to HM Treasury on proposals to implement the Reinsurance Directive
Download this file (ReinsuranceDirective.pdf)

20/06/2007 - Law Commission Review of Insurance Contract Law - Paper 3 Intermediaries

Law Commission Review of Insurance Contract Law - Paper 3 Intermediaries and pre-contract information
Download this file (insintermediariesLC.pdf)

31/03/2007 - Law Commission Review of Insurance Contract Law - Paper 2 Warranties

Law Commission Review of Insurance Contract Law - Paper 2 Warranties
Download this file (insWarranties.pdf)

20/03/2007 - Law Commission Review of Insurance Contract Law - Paper 1 Non-disclosure

Law Commission Review of Insurance Contract Law - Paper 1 Non-disclosure and misrepresentation
Download this file (insnondisc.pdf)

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