The Court of Appeal’s recent decision in Lonham Group Limited v Scotbeef Limited & D&S Storage Limited (in liquidation) [2025] EWCA Civ 203 (Lonham v Scotbeef) provides useful guidance on the proper categorisation of representations and warranties under the Insurance Act 2015. The decision also highlights the potentially significant difference in the remedies available for
Insurers
Gearing up for mission critical – APRA’s new expectations for insurers



The Australian Prudential Regulation Authority (APRA) has finalised Prudential Standard CPS 230 (Operational Risk Management) (CPS 230) following a year-long industry consultation. The new prudential standard commences on 1 July 2025 and applies to all APRA-regulated entities, encompassing banks, insurers (general, life and health) and registrable superannuation entity licensees. This…
Gearing up for mission critical – APRA’s new expectations for insurers



The Australian Prudential Regulation Authority (APRA) has finalised Prudential Standard CPS 230 (Operational Risk Management) (CPS 230) following a year-long industry consultation. The new prudential standard commences on 1 July 2025 and applies to all APRA-regulated entities, encompassing banks, insurers (general, life and health) and registrable superannuation entity licensees. This…
Ten things to know about the governance and risk management framework for insurers in South Africa

The South African insurance regulator has published a governance and risk management framework for insurers. For a snapshot view, here are ten things to know about the new framework.
- The Governance and Risk Management Framework takes effect on 1 April 2015.
- A governance framework must be adopted by insurers to ensure the prudent management and
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