European Union: Insurance

Europe faces a widening natural catastrophe protection gap as climate change intensifies the frequency and severity of disasters, leaving much of the financial burden on governments and communities.

Malta has established itself as a leading EU jurisdiction for financial services, thanks to its robust regulatory framework overseen by the Malta Financial Services Authority (MFSA).

In December 2023, the Accountancy Profession (General Accounting Principles in respect of certain Eligible Entities related to the business of Insurance) Regulations (the "Regulations")...

The UPC Court of Appeal has overturned a €2 million security for costs order, finding that a claimant's litigation insurance with anti-avoidance endorsement provides sufficient protection against unenforceability of adverse costs orders. This landmark decision addresses whether appropriate litigation insurance can substitute for traditional security mechanisms and signals that courts must properly consider such policies when assessing security applications.

Road traffic accidents are one of the most common causes of personal injury claims in Cyprus. Some cases are relatively straightforward. Others are not.

Europe faces a widening natural catastrophe protection gap as climate change intensifies the frequency and severity of disasters, leaving much of the financial burden on governments and communities.