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Restatement of European insurance contract law
- Edwards Wildman Palmer LLP
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- European Union
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- September 14 2009
On 11 September 2009 EAPD partner Helen Clark attended a conference hosted by the British Insurance Law Association (BILA) at which members of the Restatement of European Insurance Law Project Group presented the public launch of the Principles of European Insurance Contract Law (PEICL
European Commission publishes report on tying and other potentially unfair commercial practices in retail financial services
- Edwards Wildman Palmer LLP
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- European Union
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- January 29 2010
On 15 January 2010, the Internal Market Directorate General of the European Commission published for consultation a paper by the Centre for European Policy Studies entitled "Tying and other potentially unfair commercial practices in the retail financial service sector"
Commission announces investigation into international group of P&I clubs
- Edwards Wildman Palmer LLP
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- European Union
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- August 27 2010
On 26 August 2010, the European Commisson (the Commission) opened a competition investigation into the maritime insurance sector, in particular the agreements between the Protection & Indemnity (P&I) Clubs within the International Group of P&I Clubs (the International Group), a worldwide association of thirteen P&I Clubs
ECJ finds against AXA in VAT dispute
- Edwards Wildman Palmer LLP
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- European Union
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- November 12 2010
In the recent case of AXA UK (Taxation) 2010 EUECJ C-17509, the European Court of Justice (ECJ) was asked by the UK Court of Appeal whether the service of passing payments from patients to dentists was exempted from VAT
European Commission pushes ahead with stronger financial supervision in Europe
- Edwards Wildman Palmer LLP
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- European Union
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- October 6 2009
The European Commission announced on 23 September 2009 the adoption of legislative proposals to strengthen financial supervision in Europe in the wake of the global financial crisis
Revised draft Block Exemption Regulation (BER) for insurance sector
- Edwards Wildman Palmer LLP
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- European Union
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- October 19 2009
On 5 October the European Commission (the Commission) published its revised draft BER for the insurance sector
European ruling on VAT goes against reinsurers
- Edwards Wildman Palmer LLP
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- European Union
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- November 12 2009
The European Court of Justice (ECJ) has recently released its judgment in the case of Swiss Re Germany Holding GmbH v Finanzamt München für Körperschaften, confirming that a transfer of a portfolio of life reinsurance contracts, outside of a business transfer, will be subject to value-added tax (VAT) at the standard rate
Third set of advice on Solvency II Level 2 implementing measures released
- Edwards Wildman Palmer LLP
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- European Union
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- November 11 2009
On 2 November 2009, the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) released its third set of advice on Solvency II Level 2 implementing measures
European insurers to undergo stress tests in December
- Edwards Wildman Palmer LLP
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- European Union
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- November 12 2009
The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) has announced that it will run an EU-wide stress test for Europe's largest insurers during December
PERILS AG launches industry loss index service for European windstorm events
- Edwards Wildman Palmer LLP
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- European Union
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- December 8 2009
We have reported previously on the formation of PERILS AG to collect and provide industry-wide European catastrophe insurance data
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