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Insurance

13 August 2019
David Maria Marino W&I insurance – IVASS clears up some uncertainties

Italy - DLA Piper Studio Legale Tributario Associato

IVASS (the Italian insurance regulator) recently clarified that warranty and indemnity (W&I) insurance policies do not fall within the scope of Article 4 of IVASS Regulation 29/2009 concerning risks connected to valuation gains and losses resulting from corporate transactions. The clarification is particularly helpful, as W&I insurance can be an important tool for completing corporate transactions smoothly and may favour the local market's development in line with international trends.

Author: David Maria Marino
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