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Welcome to the first of our fortnightly updates aimed at supporting you in your understanding of the impacts of the COVID-19 pandemic on the insurance market.
Governments across the world step up to provide emergency support to airlines at the time of need: COVID-19
Kennedys Dubai-based aviation partner Nick Humphrey was interviewed on Dubai's Business Breakfast radio program to discuss the government support being provided in UAE to its fly carriers Emirates and Etihad and what the future shape of aviation may take in the coming years.
The current coronavirus outbreak (recently named COVID-19 by the World Health Organisation (WHO)) is dominating global headlines. Since it was first reported from Wuhan, China on 31 December 2019 it has spread to 25 countries, infected over 42,000 people and claimed over 1,000 lives.
With the pace of change in the global insurance market showing no signs of slowing in 2020, we have underlined the London Market’s need to reassert its ability to adapt and manage the constant evolution of global risk. Releasing our annual London Market forecast for the year ahead, we have made predictions across 11 areas impacting the London Market, namely: aviation, casualty coverage, construction, cyber, energy, financial lines, marine, product liability and life sciences, professions, political risks and property damage.
The Montreal Convention - amendments to limits of liability and the implications for freight forwarders
Article 22 of the Montreal Convention sets the limits of liability in relation to delay, baggage and cargo. Of particular relevance to the freight forwarding industry is Article 22 (3) which sets the limit applicable to claims for destruction, loss, damage or delay to cargo
The pace of change in the global insurance market has not slowed down in the last 12 months, nor are there any indications of it doing so over the course of the coming year.
Case review 06/01/2020
The Court of Justice of the European Union (CJEU)’s judgment applies the “ordinary meaning” of accident, stating this to be an unforeseen, harmful and involuntary event.
The UK is the second least supportive nation in their attitude towards the development of unmanned vessels, according to our study across six territories (United Kingdom, United States, Australia, China, Singapore and Hong Kong), and the least supportive of autonomous vehicles more generally.
An independent and wide-ranging industry report that ranks insurance law firms across a variety of areas has seen Kennedys set the standard for service satisfaction levels.
Following today's Queen's Speech, we have officially responded to some key domestic legislation relating Air Traffic Management and Unmanned Aircraft Bill, and the Medicines and Medical Devices Bill.
In a week that is likely to be dominated by ongoing Brexit negotiations and timelines, we have today been provided with this Government’s priorities and legislative programme in the Queen’s Speech which took place this morning.