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Insurance

18 February 2020
Sharon Shefer Declination letter, statement of defence and what lies in-between

Israel - Levitan, Sharon & Co

In a recent decision, the Supreme Court clarified the boundary between maintaining the commissioner of insurance's directive requiring the full grounds and reasons for dismissing a claim to be included in a letter of declination and insurers' right to provide additional details in their statement of defence. The court accepted the insurer's position that it is acceptable to elaborate on declination arguments raised in a letter of declination.

Author: Sharon Shefer
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David Maria Marino Control over distribution networks: recent IVASS and ANIA clarifications

Italy - DLA Piper

Section 46 of Institute for the Supervision of Insurance (IVASS) Regulation 40/2018 concerns (re)insurance distribution and provides that undertakings must, among other things, draft an annual report on the control over their distribution networks, which must be submitted to the board and the compliance division and delivered to IVASS. The deadline to submit the 2019 report and data relating to distribution networks is 29 February 2020.

Author: David Maria Marino
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Recent updates

Peggy Sharon Subrogation claims by foreign insurers: contradictory district court decisions

Israel - Levitan, Sharon & Co

Author: Peggy Sharon
Maximilian Guth Court rules on representative action undertaken by insurance agent on insurer's behalf

Germany - Arnecke Sibeth Dabelstein

Authors: Maximilian Guth, Wassilis Thomas
Paul Lewis High Court grants anti-suit injunction after finding that parties to insurance policy had agreed to arbitration

United Kingdom - Herbert Smith Freehills LLP

Authors: Paul Lewis, Craig Tevendale, Naomi Lisney, Sarah Irons
Bradley Kruger New opportunities for blockchain use in insurance industry

Cayman Islands - Ogier

Author: Bradley Kruger
Hao Zhan Product innovation: litigation property preservation liability insurance

China - AnJie Law Firm

Authors: Hao Zhan, Jia Wan
Shubhangi Pathak FDI in insurance intermediaries – an update

India - Tuli & Co

Authors: Shubhangi Pathak, Nimisha Srivastava

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