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NautaDutilh Avocats Luxembourg
The Act of 19 December 2020 implementing the Budget Act 2021 introduced into the Insurance Contract Act a new provision to secure the outcome of insurance policies underwritten by UK insurers post-Brexit.
Arendt & Medernach
The Luxembourg legislator recently amended the law of 27 July 1997 on insurance contracts, as amended (the "1997 Law") in adopting the law of 19 December 2020 on the budget of State revenue and expenditure for the financial year 2021.
Loyens & Loeff
As 2020 draws to a close, the Luxembourg Financial Intelligence Unit published its annual report for 2019 highlighting over 50,000 declarations and blocked funds which exceeded EUR 231 million.
Loyens & Loeff
The CAA has published its annual report and key figures for 2019.
Arendt & Medernach
On 6 February 2020, the European Insurance and Occupational Pensions Authority ("EIOPA") has published its final guidelines (the "EIOPA Guidelines") on outsourcing to cloud service...
Arendt & Medernach
In two information notices dated April 2 and April 8, 2020, the Commissariat Aux Assurances ("CAA") clarified the impact of a hard Brexit and the related loss of the UK's status...
NautaDutilh Avocats Luxembourg
Nemo auditur propriam turpitudinem allegans – in what way can parties invoke their own misconducts to claim rights?
KPMG Luxembourg
KPMG's Global CEO Outlook 2019 is a report based on a survey of 1,300 CEOs across 11 of the world's largest economies. Read on as we take a deeper dive into the key trends and hot topics impacting...
Loyens & Loeff
This loss of contact usually results from a variety of situations, including customers who have changed address or are deceased.
KPMG Luxembourg
The International Accounting Standards Board (IASB) has recently published its proposed amendments to IFRS 17 Insurance Contracts
KPMG Luxembourg
The Mandatory Disclosure Rules (MDR) arose from the ambitious anti-tax avoidance project on Base Erosion and Profit Shifting (BEPS) that the OECD launched in 2015.
KPMG Luxembourg
On 8 March 2019, the EC released several proposed amendments to the Standard Formula of Solvency II, which contained several interesting points.
KPMG Luxembourg
Meital Raviv, Director and Head of Fintech and Innovation at KPMG Israel, has written the following article about how to recognize and minimize risks while—as businesses today must do—flying forward
ELVINGER HOSS PRUSSEN, société anonyme
The Law of 10 August 2018 implementing Directive (EU) 2016/97 of 20 January 2016 on insurance distribution ("IDD") ...
Arendt & Medernach
On 22nd August 2018, the law of 10th August 2018 (implementing the EU Directive 2016/97 of the European Parliament and of the Council of 20 January 2016 on insurance distribution
Ogier
Luxembourg counsel Eva Gyori-Toursel gave a recent interview to Delano in respect of the Insurance Distribution Directive that is set to come into force in October.
KPMG Luxembourg
After a few quiet months Solvency II is back in the spotlight, following regulatory and industry developments.
Ogier
Directive (EU) 2016/97 on Insurance Distribution of 20 January 2016 ("IDD" or "the Directive") harmonises national provisions concerning the distribution of insurance and reinsurance products...
KPMG Luxembourg
Seven or eight years ago, transparency was largely a byproduct of burdensome new regulations. By now, however, it has become a feature demanded by consumers ...
KPMG Luxembourg
Significant decisions remain regarding the Insurance Distribution Directive (IDD), which is due to be transposed into Luxembourg law in February 2018.
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