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08 October 2019
Steffen Maelicke Insurance law aspects of recourse claims against subcarriers

Germany - Arnecke Sibeth Dabelstein

The Dusseldorf Higher Regional Court has ruled on the insurance law aspects of recourse claims against subcarriers. This decision demonstrates that an insured's entitlement to claim compensation can be safeguarded if the insurer supplies a written declaration authorising the insured to continue the recourse proceedings, irrespective of whether the insurer has compensated the insured.

Author: Steffen Maelicke
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Shubhangi Pathak 100% FDI in insurance intermediaries: a welcome change

India - Tuli & Co

Since 2015, foreign investment in insurers and insurance intermediaries has been capped at 49%. However, many felt that this parity in the foreign direct investment (FDI) limits was unfair, as – unlike insurers – insurance intermediaries are not custodians of policyholders' money. Thus, the recently notified Indian Insurance Companies (Foreign Investment) Amendment Rules 2019 have effectively increased the limit on FDI in insurance intermediaries to 100%.

Authors: Shubhangi Pathak, Priya Misra
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Recent updates

Markus Dörig Forfeiture clauses versus statute of limitations

Switzerland - Badertscher Attorneys at Law

Authors: Markus Dörig, Alexandra Bösch
Celia Jenkins IRDAI issues insurance regulatory sandbox regulations

India - Tuli & Co

Authors: Celia Jenkins, Shubhangi Pathak, Priya Misra
Sarah Mcnally W&I insurance: courts confirm approach for assessing damages for breach of warranty

United Kingdom - Herbert Smith Freehills LLP

Authors: Sarah Mcnally, Andrew Cooke, Joanna Giza
Karen Lorenz Suspension of limitation period in coverage dispute

Germany - Arnecke Sibeth Dabelstein

Authors: Karen Lorenz, Dieter Schwampe
Peggy Sharon Insurance, diamonds and fraud: court declines insured's appeal regarding fraudulent jewellers block claim

Israel - Levitan, Sharon & Co

Authors: Peggy Sharon, Sharon Shefer
David Maria Marino Italy and China – a new era of cooperation between insurance supervisory authorities?

Italy - DLA Piper Studio Legale Tributario Associato

Author: David Maria Marino