Insurance by tradition provides a safety net for the survival of businesses and individuals in society. The significance of this role cannot be overemphasized. The sector’s contribution to the GDP has ...

Indemnity insurance is a foundational component of modern risk management strategies, protecting individuals and organizations against the financial consequences of liability. This form of insurance ...

Yes, they will be enforceable. In the case of life insurance policies, the principle of indemnity does not apply. The indemnity principle means that the policy payout should restore the insured to the ...

Indemnification of the policyholder is a core principle of the property insurance industry. A similar principle holds that the policyholder shall be “made whole” but not put in a better position than ...

In Swift 1st Ltd v Chief Land Registrar [2014] All ER (D) 12 (February), Bimla Rani Sunsoay was the registered proprietor of 15 Elmstead Road in Ilford, Essex. In June 2006, after receiving a mortgage ...

Indemnity principle - can you help? The Law Society's civil litigation committee is in the process of responding to the civil procedure rules committee on the future of the indemnity principle. As ...

LONDON, England, March 15 (TNSrpt) -- The International Bar Association issued the following news release: The International Bar Association (IBA) Bar Issues Commission Policy Committee and the IBA ...

Collective conditional fee agreement (CCFAs) are subject to the indemnity principle, a costs judge has decided for what is thought to be the first time. In Gliddon v Lloyd Maunder Limited, Mr Gliddon ...

In the field of insurance, the principle of indemnity is to restore the insured to the same financial condition as before a loss. With workers' comp, indemnity describes payments made to an injured or ...

In the light of the recent surge in deal activity driven by the Autumn Budget, Claire Brown, partner in JMW’s Commercial Litigation team, anticipates a consequential increase in warranty and indemnity ...

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