European Union: Reinsurance

On 1 April 2025, the Commissariat aux Assurances (CAA) published Information Note 25/51 (Note), which provides guidance on co-brokerage activities.

The Senior Executive Accountability Regime (SEAR) was brought into force through the Central Bank (Supervision and Enforcement) Act 2013 (Section 48(1) (Senior Executive Accountability Regime)) Regulations 2024 (SEAR Regulations) and forms part of the Individual Accountability Framework (IAF).

Subrogation is more than just a legal technicality; it's a principle that ensures fairness in the insurance process. After covering a loss, an insurer is entitled to pursue the third party responsible for that loss.