Welcome to the August 2012 edition of (Re)Insurance News.
In this edition, our contentious-insurance specialists take a look at a recent Supreme Court decision on the scope of a motor-insurer’s liability.
With the Test Achats ruling becoming effective from 21 December 2012, we consider some of the challenges insurers may face in light of this decision.
On the regulatory front, we examine the European Commission’s proposals to significantly reform (re)insurance mediation and EIOPA’s report on insurance guarantee schemes. In the anti-money laundering sphere, we highlight some of the key proposals for reform of the Irish regime.
Finally, our In-Short section includes some noteworthy updates from the Central Bank of Ireland, EIOPA and the IAIS. A short article on the practice of noting a party’s interest in an insurance policy is also included.
We hope that you find these updates useful and would welcome any feedback or suggestions that you have.
To view the articles, please click on the relevant link below:
