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Gibraltar
ISOLAS
The Income Tax (Amendment) Act 2024 ("the Amending Act") was passed last week and establishes amendments to the Income Tax Act 2010 ("the Old Act"), in particular...
Guernsey
Carey Olsen
Carey Olsen recently acted as lead legal advisor to Strategic Risk Solutions (SRS), on its acquisition of Guernsey and Gibraltar based Robus Group from The Ardonagh Group.
Ireland
Arthur Cox
As detailed in our previous post (available here), the European Insurance and Occupations Pensions Authority (EIOPA) has now concluded its public consultation...
William Fry
On 26 March 2024, the Central Bank of Ireland (CBI) published its first quarterly Insurance Newsletter for 2024 covering several topics of note for Irish (re)insurers (Newsletter).
Matheson
On 27 March 2024, the Capacity Building Working Group ("Group") of the Climate Risk and Sustainable Finance Forum ("Climate Forum") published its report ("Report").
Matheson
The Central Bank of Ireland (the "Central Bank") is responsible for the authorisation of and has primary responsibility for the prudential supervision and regulation of insurance...
Luxembourg
ELVINGER HOSS PRUSSEN, société anonyme
On 19 March 2024, the Luxembourg Chamber of Deputies adopted bill of law 8184 transposing Directive 2021/2118 into national law related to motor vehicle liability insurance1 (the "Bill of Law").
Malta
Ganado Advocates
On 28th March 2024 the Malta Financial Services Authority (the "MFSA") issued a Circular and Feedback Statement on the amendments to the Companies Act (Cell Companies Carrying on Business of Insurance)...
Turkey
BDO TURKIYE (DENET YEMINLI MALI MUSAVIRLIK A.S.)
Sosyal Güvenlik Kurumu Başkanlığı Emeklilik Hizmetleri Genel Müdürlüğü tarafından 21/03/2024 tarihli Genelge yayımlanmıştır.
UK
WTW
Are insurance buying strategies linked to risk appetite or are boards being led by fear where data isn't present?
WTW
London market professional indemnity insurance rates have shown a notable decrease of between 5-10% in recent months, accompanied by a noticeable increase in underwriter appetite.
WTW
Many deal teams are familiar with the core purpose of warranty and indemnity (W&I) insurance – being to provide an avenue of recourse in the event of a breach of warranty under a purchase agreement.
WTW
Is a contractor-controlled insurance program (CCIP) or an owner-controlled insurance program (OCIP) best for your subsea cable project? This Q&A explores the cost, control and risk considerations.
Alvarez & Marsal
London Market players will need to start shifting towards digitalisation in 2024, moving away from using decades-old technology to new solutions, in part catalysed under the Blueprint II programme.
WTW
Our Fine Art insurance experts on both sides of the pond give their thoughts on why athletes, sports teams and their owners should consider specialist cover for their memorabilia and collections.
European Union
William Fry
The Commission Delegated Regulation (EU) 2024/896 revising regulatory technical standards (the Delegated Regulation) was published in the Official Journal...
Matheson
On 8 March 2024, the Deputy Governor of the Central Bank of Ireland ("Central Bank"), Vasileios Madouros, respondedOpens in new window to a request for a submission...
Worldwide
Norton Rose Fulbright Hong Kong
The ongoing conflicts and further geopolitical tensions in Eastern Europe and the Middle East, coupled with upcoming elections in a number of key countries including the US and the UK...
Matheson
On 9 April 2024, the Supreme Court of Ireland issued a judgment on the legality of the Personal Injuries Guidelines ("Guidelines"). which were reviewed and passed by the Judicial Council...
Herbert Smith Freehills
M&A activity in the insurance sector held up reasonably well in 2023. This is despite the sector being impacted by many of the trends outlined in our global M&A outlook for 2024...
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