The National Health Insurance Fund of Hungary is no longer allowing officers to release social security number certificates or social security cards in person.
On 12 March 2018 the Hungarian National Bank ("MNB") published its recommendation on the criteria on how to stipulate the minimum monetary amount of the professional indemnity insurance ...
Policyholders of unit-linked life insurance products pay an agreed sum for the unit-linked insurance to the insurance company, as a regular premium, or in one lump sum.
In this article, we attempt to address, based on Act no LX of 2003 on Insurance Companies and Insurance Activities (the "Act"), the legal issues of (i) whether an individual or business organization authorized by a licensed independent insurance mediator is allowed to carry out activities of independent insurance mediation, and (ii) if the answer to this question is in the affirmative, whether the individual or business organization may carry out such activities based on the authorization of the