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European Union
Arthur Cox
Insurance Europe has supported a call from the European Parliament for appropriate supervision of the third-party litigation funding (TPLF) sector.
Arthur Cox
The European Central Bank (ECB) has today published its opinion in response to a request from the Irish Government in relation to the provisions of the Judicial Council (Amendment) Bill 2021.
Germany
Oppenhoff & Partner
The OLG Frankfurt am Main has ordered an insurance broker to pay damages due to inadequate clarification of coverage exclusions in an accident insurance policy.
Guernsey
Carey Olsen
The current hard insurance market has encouraged many new participants to enter the insurance business in the last few years. As a leading international insurance domicile, Guernsey has benefited.
Ireland
Arthur Cox
The Society of Actuaries in Ireland (SAI) and the Reinsurance Advisory Board of Insurance Europe (RAB) have recently published separate responses to the Central Bank of Ireland (CBI) ...
Arthur Cox
The Central Bank of Ireland (CBI) has written to insurers to highlight the risk of under-insurance in the home insurance market, in light of the impact of inflation on construction costs.
William Fry
Over the summer, EIOPA published its peer review report on outsourcing (the Report). It looked at the performance of national supervisory authorities (NSAs) across Europe in supervising outsourcing...
Arthur Cox
EIOPA has published a supervisory statement on non-affirmative cyber (or 'silent cyber') risks. Silent cyber risk refers to instances where cyber coverage is neither explicitly included...
Arthur Cox
EIOPA has published a supervisory statement on exclusions related to systemic events such as pandemics, natural catastrophes or large cyber attacks.
William Fry
On 16 September 2022, the Central Bank of Ireland (CBI) published the latest edition of its quarterly newsletter for the (re)insurance sector.
William Fry
The Act aims to address several insurance-related issues set out in the Action Plan for Insurance Reform which was published by the Department of Finance to reflect the insurance-related...
Dillon Eustace
In a case stated from the District Court, the High Court has determined that having public liability insurance is not a prerequisite to being granted a public dancing licence.
William Fry
In June, the Central Bank of Ireland (Central Bank) published the first edition of its Intermediary Times newsletter for 2022 (Newsletter).
William Fry
On 1 August 2022, the European Insurance and Occupational Pensions Authority (EIOPA) published a consultation paper setting out a draft supervisory statement on the use of governance...
Arthur Cox
Great overview of the impact of recent global events on the life insurance market from Petra Hielkema, Chair of EIOPA.
Luxembourg
Arendt & Medernach
On 25 August 2022, the Commissariat aux Assurances (the "CAA") published Information Note 22/9 (the "Note") to make actors aware of the main existing and ...
CMS Luxembourg
On 19 August 2022, the Commissariat aux Assurances (the "CAA") published a new Circular-Letter 22/16 (the "CL") on outsourcing of significant or critical operational activities...
Malta
Ganado Advocates
The European Insurance and Occupational Pensions Authority (‘EIOPA') has launched a public consultation regarding a draft supervisory statement on the use of governance arrangements in third countries.
Switzerland
Prager Dreifuss
The threat posed by cyberattacks has increased significantly in the last few years. This is shown by a recently published survey by the industry association Swissmem, according to which 70 percent...
Mayer Brown
On 29 July 2022, the Commercial Court handed down its decision in Al Mana Lifestyle Trading LLC & Ors v United Fidelity Insurance Company PSC & ors, in which Mrs Justice Cockerill confirmed that ...
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