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Insurance

31 March 2020
Quirin Vergho Insurability of corporate fines: new draft law's implications for insurance industry

Germany - Arnecke Sibeth Dabelstein

In 2019 the Federal Ministry of Justice and Consumer Protection presented its draft bill for a new and independent law on corporate penalties. Pursuant to the draft bill, considerable fines may be imposed not only on the persons involved in wrongdoing, but also on companies. This will significantly affect insurance cover, especially in the areas of professional indemnity and directors' and officers' insurance.

Authors: Quirin Vergho, Christian Genz
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Celia Jenkins Motor insurance: recent regulatory changes

India - Tuli & Co

The Indian motor insurance framework underwent a variety of key developments in 2019, including the introduction of standalone own damage cover, the extension of the present insurance framework on ads to point-of-sales persons and registered automobile dealerships and the notification of an amendment to the Motor Vehicles Act 1988.

Authors: Celia Jenkins, Anuj Bahukhandi, Nimisha Srivastava
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Recent updates

Geoffrey Maddock Brexit – PRA issues guidance to insurers with legacy business

United Kingdom - Herbert Smith Freehills LLP

Authors: Geoffrey Maddock, Barnaby Hinnigan, Alison Matthews, Grant Murtagh
Hans Hammarbäck Changes to PRIIPs regulatory framework: helping or hindering retail investors to better understand products?

Sweden - Mannheimer Swartling

Authors: Hans Hammarbäck, Erik Schultz, Kevin Perback
Andrae I Shaw Covered for professional fees: let the church say amen

Canada - Theall Group LLP

Author: Andrae I Shaw
Jan Dreyer Small differences matter: pre-contractual duty of disclosure and lack of knowledge due to negligence

Germany - Arnecke Sibeth Dabelstein

Authors: Jan Dreyer, Sophia Reeg
Athanassios Lambrou Court of appeal finds EAR policy's defect exclusion clause unambiguous and straightforward

Greece - Zemberis, Markezinis, Lambrou & Associates

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

Israel - Levitan, Sharon & Co

Author: Peggy Sharon

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