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January 02 2018
Shubhangi Pathak New guidelines on investment by private equity funds in insurers

India - Tuli & Co

The Insurance Regulatory and Development Authority of India (IRDAI) has recently been receiving requests to allow private equity funds to acquire a majority stake in Indian insurers. In response to such requests from private equity funds, venture funds and alternate investment funds, the IRDAI released new guidelines to facilitate and regulate private equity funds' investment in insurers as investors and promoters.

Authors: Shubhangi Pathak, Priya Misra
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Carlos Ramos Miranda National Insurance and Bonds Commission modifies regulatory framework for electronic contracting

Mexico - Hogan Lovells BSTL SC

In order to prevent the misuse of customer information, the National Insurance and Bonds Commission recently amended the Insurance and Bonding Sole Provisions with regard to information gathered electronically. Among other things, the amendments require insurers to implement security measures and mechanisms for the transfer, storage and processing of information generated electronically when contracting insurance and bonds and rendering other services to customers.

Author: Carlos Ramos Miranda
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Recent updates

Celia Jenkins Overview of Reinsurance Expert Committee's 2017 report

India - Tuli & Co

Authors: Celia Jenkins, Priya Misra
Dror Zamir Insured's disclosure duty versus insurer's obligation to conduct independent investigations

Israel - Levitan, Sharon & Co

Authors: Dror Zamir, Hadas Adler
Lawrence R Hamilton NAIC adopts Insurance Data Security Model Law

USA - Mayer Brown LLP

Authors: Lawrence R Hamilton, Rajesh De, Stephen Lilley, Jeffrey Taft
Nick Chapman Court of Appeal clarifies extent to which ATE insurance policy is relevant when considering security for costs

United Kingdom - Herbert Smith Freehills LLP

Author: Nick Chapman
Caroline Landerfors Insurance mediation or investment advice?

Sweden - Magnusson

Authors: Caroline Landerfors, Alexander Galfvensjö
David Maria Marino IVASS issues clarifications regarding separate bank accounts for intermediaries

Italy - DLA Piper Studio Legale Tributario Associato

Author: David Maria Marino
Kevin Bowers New insurance levy to be introduced

Hong Kong - Howse Williams Bowers

Authors: Kevin Bowers, Michael Withington
Hao Zhan China 2020: world's largest insurance market and foreign insurers' strategies

China - AnJie Law Firm

Authors: Hao Zhan, Sharif Hendry