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Poland: new KNF guidelines on distributing insurance products and bancassurance

  • CMS Cameron McKenna
  • -
  • Poland
  • -
  • July 2 2014

KNF has issued new guidelines for the distribution of insurance products by banks in the bancassurance model and by insurance companies in all

Insurers fined by regulators

  • CMS Cameron McKenna
  • -
  • Poland
  • -
  • November 17 2011

On 8 November 2011 the insurance company TUW SKOK has been fined PLN 500,000 (c. 114,000) by KNF, Poland’s Financial Supervision Authority, because its prices were too low

Poland: banks to disclose bancassurance earnings to customers

  • CMS Cameron McKenna
  • -
  • Poland
  • -
  • January 7 2014

Draft recommendations on bancassurance have been published by KNF, the Polish Financial Supervision Authority. Bancassurance is a cooperation between

Poland: KNF issues draft guidelines on the distribution of insurance products

  • CMS Cameron McKenna
  • -
  • Poland
  • -
  • May 8 2014

New draft guidelines on the distribution of insurance products have been published by KNF, Poland's financial supervision authority. The guidelines

Changes to motor insurance laws

  • CMS Cameron McKenna
  • -
  • Poland
  • -
  • November 23 2011

Changes to motor insurance laws are being introduced on 14 October 2011, 1 January 2012 and 11 February 2012

Poland: insurance ombudsman questions legality of unit-linked assurance and endowment

  • CMS Cameron McKenna
  • -
  • Poland
  • -
  • December 12 2012

The lawfulness of unit-linked life assurance products and endowment products offered in Poland has been questioned by the Insurance Ombudsman, on the grounds that the investment element prevails over the insurance element

KNF recommends dividend policy for insurance companies

  • CMS Cameron McKenna
  • -
  • Poland
  • -
  • December 3 2012

New recommendation on dividends for banks, insurance companies, mutual funds, pension funds and brokerage houses were published by the KNF, Poland’s financial supervision authority

Draft law to ban gender-related pricing of insurance

  • CMS Cameron McKenna
  • -
  • Poland
  • -
  • November 29 2012

Draft legislation to ban the use of gender as a factor in calculating insurance premiums and benefits is on course to becoming law from 21 December 2012

Early surrender charge upheld by Court of Appeal

  • CMS Cameron McKenna
  • -
  • Poland
  • -
  • July 16 2012

Insurance companies may, as a general rule, charge policyholders for early surrender of their investment as long as the amount charged is justified by the costs involved

KNF questions reinsurance contracts from non-EU reinsurers

  • CMS Cameron McKenna
  • -
  • Poland
  • -
  • March 22 2013

KNF, Poland's Financial Supervisory Authority, has issued a reminder that any company from outside the EU may only conduct reinsurance activities in