What are the emerging risks and legal concerns for the year ahead? We have asked contributors from across our global legal practice for their views on the primary issues facing insurers in their jurisdiction.
What our review reveals is that greater consumer protection, greater risk-sensitivity in measuring capital and greater requirements for transparency are all emerging trends in the global market. A number of jurisdictions are reviewing their insurance law, most notably the United Kingdom which has just introduced the most significant change to the law of insurance contracts in over 100 years. The growth of class action regimes in Europe is also worthy of note and could have a significant impact for insurers in the longer term.
This briefing covers emerging issues in:
To view our briefing on emerging legal concerns, please follow this link.