The aims of this new edition remain the same as the first edition (see Preface to the First Edition, below). In this edition, new cases, Codes of Conduct, alterations to legislation, both in the UK and Australia, new directives and extracts from recent articles, have been added to the Appendices while the text has been amended to reflect these changes. Chapter 1. The effect of the Financial Services and Markets Act 2000 (FSMA) impacts on several chapters. In Chapter 1 the Financial Compensation Scheme has taken over the role of the Policyholders Protection Board and the text and Appendices reflect this. Certain additions to reflect the continued importance of European Directives are made. Facts and figures have been updated. Chapter 2. Lambert (1999) and Deepack (1999) have been added to the text and changes to the Australian Insurance Contracts Act 1984 have been made in the Appendices. Chapter 3. Changes at Lloyd’s are noted in the text and also the jurisdiction of the FSMA over unauthorised insurers. Chapter 4. The House of Lords’ interpretation of s 17 of the Marine Insurance Act in The Star Sea (2001) is discussed in the text and extracted in the Appendices. Also referred to in the text are Merc-Skandia (2001); Sirius International (1999); HIH Casualty (2001). Several new articles are referred to in the text and extracts from two articles are added to the Appendices. Chapter 5. The following cases are worked into the text: Printpak (1999); Kler (2000); Virk (2000); Alfred McAlpine (2000); Jacobs (2000); Kazakstan (2000); and HIH v Axa Corporate (2001) which has also been added to the Appendices. Chapter 6. Reference is made to the newly created General Insurance Standards Council and its two Codes which are added to the Appendices. The following cases have been added to the text: O and R Jewellers (1999); Bollom (1999) and added to the Appendices together with the House of Lords decision in Aneco (2002). Changes in Lloyd’s supervisory regime are noted. The recent draft Directive on Insurance Mediation (intermediaries) is outlined in the text. Changes to the Australian Insurance (Agents and Brokers) Act 1984 are included.

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