General and life insurers in Australia could face changes to the required and eligible capital standards, following the release of technical papers by the Australian Prudential Regulation Authority (APRA) for public comment.
14 Jul 2010
Professional indemnity insurance is usually underwritten on a claims made basis - but what is a "claim"? The NSW Supreme Court has reaffirmed the importance of looking to the policy for the answer (Dimitra Cassidy v Eric J Leslie [2010] NSWSC 742).
12 Jul 2010
The recent case of Gordian Runoff Limited v Westport Insurance Corporation [2010] NSWCA 57 gives arbitration users more confidence as to the finality of arbitral awards by confirming that the grounds for challenging an award are very limited.
12 Apr 2010
The High Court's decision in Wallaby Grip Limited v QBE Insurance on a missing insurance policy explains who has to establish its terms or any limits on the level of indemnity.
31 Mar 2010
Shareholders or members of managed investment schemes who need to know if it makes financial sense to sue a company and its directors will take comfort from the recent decision in the WA Supreme Court, Snelgrove v Great Southern Managers Australia Ltd.
25 Mar 2010
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