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March 06 2018
Carlos Ramos Miranda Insurance regulator updates rules for surety insurance contracts

Mexico - Hogan Lovells BSTL SC

The National Insurance and Bonds Commission recently added two new articles to the Insurance and Bonding Sole Provisions which set out new surety insurance contract requirements. Contracts must now include, among other things, confirmation that the insurer is authorised to pay the indemnity for damages without prior notice or consent of the policyholder and that the indemnity may be paid as compensation or as a penalty for the damages suffered.

Author: Carlos Ramos Miranda
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Recent updates

Markus Dörig Supreme Court: scope of full and final settlement clause in insurance matters

Switzerland - BADERTSCHER Rechtsanwälte AG

Authors: Markus Dörig, Alexandra Bösch
Guy Shmueli Ministry of Finance eases requirements to obtain insurer's licence in Israel

Israel - Levitan, Sharon & Co

Author: Guy Shmueli
Margarida Lima Rego General good provisions: freedom of establishment and freedom to provide services

Portugal - Morais Leitão, Galvão Teles, Soares da Silva & Associados

Authors: Margarida Lima Rego, Nuno Sobreira
Geoffrey Maddock Brexit – PRA consults on approach to UK branches of incoming insurers

United Kingdom - Herbert Smith Freehills LLP

Authors: Geoffrey Maddock, Barnaby Hinnigan, Alison Matthews, Grant Murtagh
Kevin Bowers 'Insurtech' initiatives in Hong Kong

Hong Kong - Howse Williams Bowers

Authors: Kevin Bowers, Michael Withington
Celia Jenkins Insurance regulatory round-up: 2017

India - Tuli & Co

Authors: Celia Jenkins, Anuj Bahukhandi
David Maria Marino IVASS recommends cybersecurity measures for insurance intermediaries

Italy - DLA Piper Studio Legale Tributario Associato

Author: David Maria Marino

Upcoming event

IBA - Insurance - Into the Unknown: Challenges and Opportunities

March 21-23 2018 – London, England

The IBA Insurance Committee Conference will bring together lawyers from the insurance and reinsurance industry and other professionals. It aims to address key issues that the sector will face in 2018, including in the corporate, regulatory and disputes areas of law.

For more details go to: