De Brauw Blackstone Westbroek N.V.
As a result, insurers might find it more difficult to obtain approval from the Dutch Central Bank before distributing dividends.
Despite the notable uncertainty concerning the United Kingdom and Gibraltar's future trading relationship with the European Union, there are a number of upcoming developments which the Gibraltar insurance industry and its stakeholders should be monitoring.
The Independent Authority of Public Revenue has provided clarification regarding IPT exemptions and the treatment of cancellation insurance contracts in Greece.
Guernsey is building on its insurance offering in China after signing a Memorandum of Understanding with a key Chinese business centre.
On a monthly basis, EIOPA updates information on the symmetric adjustment of the equity capital charge.
This is the March edition of the Arthur Cox Insurance Regulatory Update, the monthly bulletin of the Arthur Cox Insurance Group focused on recent developments in insurance regulation, law and practice.
In June 2016, the British electorate voted to leave the European Union (the "EU") by a margin of 52% to 48%.
On 7 February, the Central Bank published responses received by it to its 2016 Discussion Paper on the Payment of Commission to Intermediaries.
Blackbox Car Insurance, Pay-As-You-Drive or Pay-How-You-Drive are all names used to reference Telematics Car Insurance.
MFSA circular to the Market relating to the assessment required
prior to proposing Individuals for Approved Positions
In less than ten months, the Insurance Distribution Directive (‘IDD') will be repealing the current Insurance Mediation Directive regulating the activities of insurance undertakings, insurance intermediaries and insurance ancillary intermediaries.
Following its review EIOPA shall be making submissions to the Commission on suggested changes in methods...
The amendments being introduced by the MFSA require the external audit of certain sections and specific templates forming part of the Solvency and Financial Condition Report ("SFCR").
The MFSA has issued new guidelines on Product Oversight and Governance arrangements by insurance undertakings and insurance distributors as required by the Insurance Distribution Directive ("IDD") to be implemented by manufacturers of insurance products.
We have previously highlighted the fundamental changes in insurance law (and benefits for policyholders) introduced by the UK Insurance Act 2015.
It's the most frequent question I've been asking my Lloyd's and London market clients since the turn of the year.
Clyde & Co
A summary of recent developments in insurance, reinsurance and litigation law.
Solvency II incorporates much of the UK's former ICAS economic capital regime, which was always a key UK objective in the original Solvency II negotiations.
A court in the United Kingdom refused to remove an arbitrator for perceived bias where the arbitrator was appointed to arbitrate multiple disputes arising from the same underlying incident triggering insurance coverage.
Clyde & Co
Drone use is on the rise. Private individuals and commercial companies are finding new and varied applications for the technology, from Amazon's ‘flying warehouse' to Lady Gaga's drone-propelled American flag at the Superbowl.