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Insurance

22 December 2020
Oliver Nissen Exclusion of transport risk in insurance policies

Germany - Arnecke Sibeth Dabelstein

In a 2018 decision, the Federal Court of Justice (BGH) clarified the requirements for valid and duly executed insurance risk exclusions for the export of goods, which are of significant practical relevance. The BGH's decision sets strict requirements for the transparent and valid wording of risk exclusion clauses in insurance contracts. Those principles, which have been confirmed within the scope of transport insurance, apply to all insurance sectors.

Author: Oliver Nissen
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Celia Jenkins Minimum information for investigation and inspection by IRDAI

India - Tuli & Co

The Insurance Regulatory and Development Authority of India (IRDAI) has powers under the Insurance Act to inspect and investigate insurers and insurance intermediaries. The IRDAI recently issued the IRDAI (Minimum Information Required for Investigation and Inspection) Regulations 2020. The regulations stipulate the minimum information and records that insurers, intermediaries and insurance intermediaries are required to maintain and the general norms applicable thereto.

Authors: Celia Jenkins, Priya Misra, Swathi Ramakrishnan
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Bettina Thaulow Harto Insurer's bankruptcy: Supreme Court rules on Lugano Convention's insolvency exception

Norway - Advokatfirmaet Thommessen AS

The Norwegian Supreme Court recently issued a ruling on the insolvency exception in the Lugano Convention and other jurisdictional issues in cross-border insolvencies in a case concerning Danish insurer Alpha Insurance A/S. The Norwegian claimant believed that Section 3 of the Lugano Convention applied, which allows insureds, in matters relating to insurance, to bring actions against insurers before the courts in the insured's domicile state.

Authors: Bettina Thaulow Harto, Andreas Meidell, Henning Harborg
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Recent updates

Oded Cederboim Supreme Court rules that electric bicycles are not motor vehicles

Israel - Levitan, Sharon & Co

Author: Oded Cederboim
Masakazu Masujima Insurance solicitation using web conferencing systems

Japan - Mori Hamada & Matsumoto

Authors: Masakazu Masujima, Kazuo Yoshida, Tomonori Ogawa
David Maria Marino New ANIA self-regulation codes for co-insurance in non-life and life insurance

Italy - DLA Piper

Author: David Maria Marino
Geoffrey Conlin Welcome changes to large-risks sector

Brazil - CAL - Costa, Albino & Lasalvia Advogados

Authors: Geoffrey Conlin, Bernardo de Senna
Celia Jenkins Standard life insurance products: new regulatory requirements

India - Tuli & Co

Authors: Celia Jenkins, Swathi Ramakrishnan
Carolin Schilling-Schulz Courts decide whether insurance broker with 100% of shares held by insurer was independent and neutral

Germany - Arnecke Sibeth Dabelstein

Authors: Carolin Schilling-Schulz, Wassilis Thomas
Hans Hammarbäck Supreme Court rules on insurers' liability for damages

Sweden - Mannheimer Swartling

Authors: Hans Hammarbäck, Sofia Andersson, Klara Westling
Christian Werenberg Recharge of sum insured: whose duty and what are the consequences of failing to do so?

Denmark - WSCO Advokatpartnerselskab

Author: Christian Werenberg

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