Mondaq Europe: Insurance
Elias Neocleous & Co LLC
When Cyprus became an independent state in 1960, the English-based legal system which operated during the period of British rule was maintained.
Elias Neocleous & Co LLC
The Cyprus Tax Department has issued a new circular (EE26, dated 7 September 2018) clarifying the taxation of earnings of insurance agents.
Dentons
The Parliament of the Czech Republic announced a new law on distribution of insurance and reinsurance in the Czech Collection of laws as Act No. 170/2018.
Clyde & Co
Report proposes restriction of compulsory cover to vehicles used in traffic and exclusion of motor sport
ISOLAS
There is huge potential for DLT to cut costs and improve the effectiveness of KYC and AML compliance regulations for insurers.
ISOLAS
Many use cases ideas have been proposed for DLT, and some experiments and feasibility studies have been carried out.
GuernseyFinance
There is a very good model out there, experts come together and provide those services.
Arthur Cox
Under the Act, the court has discretion to make a PPO and must consider the best interests of the claimant having regard to the circumstances of the case before making such an order. Alternatively, the parties may agree their own terms and the court has discretion to grant the PPO on such agreed terms
Dillon Eustace
International Association of Insurance Supervisors ("IAIS")
Arthur Cox
This is the September 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.
Nctm Studio Legale
The much-expected decision of the Italian Court of Cassation Joint Divisions (n. 22437, dated 5 June 2018) on the validity of the claims made clause was issued on 24 September 2018.
ELVINGER HOSS PRUSSEN, société anonyme
The Law of 10 August 2018 implementing Directive (EU) 2016/97 of 20 January 2016 on insurance distribution ("IDD") ...
Mamo TCV Advocates
In a judgement presided by Mr. Justice Toni Abela, in the names Knightsbridge Developments Limited vs Citadel Insurance plc, the Civil Court, First Hall held that the principle of utmost good faith in insurance contracts applies ...
Prager Dreifuss
In August 2016, the Bermuda Monetary Authority (BMA) issued the Insurance Manager Code of Conduct requiring insurance managers to follow a set of procedures when carrying out their functions.
Gün + Partners
Technology shows its transformative and disruptive impact on virtually every economic field.
Clyde & Co
Judge rejects request for a stay pending MIB appeal in another case
Clyde & Co
The applicant in this case is an insurance company with long-tail exposure (mostly in the US) which is currently unable to meet the minimum capital requirements imposed by Solvency II.
Clyde & Co
Proposed discount rates of +0.5% and +1.8% are dependent on whether award period is greater than 20 years
Clyde & Co
A summary of recent developments in insurance, reinsurance and litigation law
Clyde & Co
Court of Appeal refuses permission to appeal a decision regarding coverage under a property insurance policy
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Dentons
All businesses are at risk of cyber attacks. Having in place appropriate policies and procedures, however, helps to mitigate the risk of a cyber attack.
Skadden, Arps, Slate, Meagher & Flom (UK) LLP
This edition focuses on rulings issued between February 16, 2018, and June 15, 2018.
Appleby
The Isle of Man is an attractive place to anchor a business, offering a stable economy; zero per cent corporation tax; no capital gains tax, inheritance tax or stamp duty; a sophisticated infrastructure; ...
Arthur Cox
This is the September 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.
Skadden, Arps, Slate, Meagher & Flom (UK) LLP
In this month's edition of our Privacy & Cybersecurity Update, we examine the European Data Protection Board's published opinions ...
Elias Neocleous & Co LLC
When Cyprus became an independent state in 1960, the English-based legal system which operated during the period of British rule was maintained.
Pinsent Masons LLP
ANALYSIS: New rules on insurance distribution have come into force that set new requirements about the way businesses in the insurance market engage with customers.
Dentons
An application for security for costs may be made when a defendant is concerned that the claimant will not be able to pay the defendant's costs should the claim fail.
Ogier
The powers of the Jersey Financial Services Commission (JFSC) to impose civil financial penalties for significant and material contraventions of the Codes of Practice were extended on 26 October 2018 to apply to "principal persons" of registered persons.
Fenchurch Law Ltd
Dame Judith Hackitt's Review of Building Regulations and Fire Safety recommends radical integrated change to the regulatory system covering high-rise and complex buildings ...
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