After the events of recent years: Brexit, COVID-19 and the Russian invasion of Ukraine to name three, it would not be unreasonable to hope for a period of relative calm and stability. Unfortunately, however, that has not been the case. Rather, the insurance market is being required to evolve and adapt at an ever-faster pace to reflect the changing political and technological framework in which it operates. Inevitably, this evolution is giving rise to new disputes and new challenges.
At times, the law too has struggled to keep up with recent changes, and it is important that lawyers have the necessary expertise and market awareness to be able to assist their clients to navigate a difficult legal environment. Against that background, our lawyers have set out their thoughts on the year just past and what may be coming down the road in the year ahead in their different classes of business and different jurisdictions.