insights


INSURANCE LAW

Insurance contract renewals from January 1, 2022: limitations are already underway

Since the first semester of 2019, the insurance market started an upward trend in Europe: prices have increased, and covers have been more limited. In this context, insurance companies have been reviewing their contracts and programs to the detriment of policyholders, who experienced broader limitations and poorer covers since 2020. We published a synthetic study on this subject in May 2020; here is an update.

INSURANCE LAW

The termination of an insurance contract: a fresh air within formalism

The insurance market has been growing steadily, as you know, for more than two years now. The trend will continue to intensify at the end of 2021 for the January 1st contract renewal season.
In order not to suffer from such important increases, which are often presented as inevitable, insured companies wishing to do so, must prepare before the summer the competition from their intermediaries (brokers and managers), before (or sometimes at the same time) that of insurers.

INSURANCE LAW

The MGA, a trendy (but not so new) beast Why?

On February 3rd, 2021, the underwriting agency Centrix announced its decision to join the Managing General Agents Association (MGAA) – the only association in the UK that represents and promotes the Managing General Agents (MGA) industry and its members. “A natural choice,” according to the newly created MGA (2019) fancying to expand its presence in the London market.

INSURANCE LAW

Why the consequences of a pandemic are not uninsurable (and should be insured)

Article published in Les Echos by Julien Aubert, Jérôme Goy and Olivier Marleix

INSURANCE LAW

Second lockdown and business interruption insurance : companies must persist in the face of insurers

The second lockdown has stopped or considerably slowed down the activity of many economic sectors that had already been severely affected since the beginning of the covid-19 crisis. Many companies in most countries have already declared a claim to their insurer about the business interruption coverage provided in their insurance contracts.

INSURANCE LAW

Business interruption insurance and coronavirus : insurers sentenced to cover companies’ losses in various countries

All over the world, the economic crisis unleashed by the outbreak of covid-19 is hurting economies, regardless of income level. According to World Bank forecasts, the global economy will shrink by 5.2% this year.

INSURANCE LAW

After Covid-19: Business interruption insurance for companies (Free translation)

The Covid-19 crisis has forced many sectors to shut down, while other companies are suffering considerable losses in turnover.

INSURANCE LAW

“Businesses: insurance companies and the state must take responsibility”. The opinion column of J. Aubert, O. Marleix and J. Goy. (Free translation)

The three signatories call for the “creation of a simple mechanism to guarantee business interruption losses in the event of a pandemic, based on the natural disasters one”.