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Results: 1-10 of 15

ECJ decision - are portfolio transfers exempt from VAT as insurance transactions?

  • Norton Rose LLP
  • -
  • European Union, Germany
  • -
  • January 20 2010

The European Court of Justice (ECJ) has recently confirmed that a portfolio transfer of life reinsurance contracts will be subject to VAT

New insurance contract law enacted in Germany

  • Norton Rose LLP
  • -
  • Germany
  • -
  • July 19 2007

The German Parliament has enacted the new insurance contract law which will take effect on 1 January 2008

ECJ decision - are portfolio transfers exempt from VAT as insurance transactions?

  • Norton Rose LLP
  • -
  • European Union, Germany
  • -
  • November 27 2009

On 22 October 2009, the ECJ released its judgment in the case of Swiss Re Germany Holding GmbH v Finanzamt München für Körperschaften (Case C-24208), confirming that a transfer of a portfolio of life reinsurance contracts, outside of a business transfer, will be subject to VAT at the standard rate

German Federal Court allows for the cancellation of a PPI policy as an attached contract to a consumer loan

  • Norton Rose LLP
  • -
  • Germany
  • -
  • March 10 2010

On 15 December 2009, the German Federal Court allowed a consumer to cancel a payment protection policy even though the consumer could only strictly rely on a cooling off cancellation right under the consumer loan agreement

New minimum requirements for risk management for insurers and reinsurers in Germany

  • Norton Rose LLP
  • -
  • Germany
  • -
  • January 28 2009

On 22 January 2009, Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), the German regulator, published a long-awaited circular detailing the minimal requirements of risk management for insurers and reinsurers in Germany

German cartel court clears insurance pools

  • Norton Rose LLP
  • -
  • Germany
  • -
  • January 30 2009

In a final decision published on 23 September 2008, the Düsseldorf Court of Appeal recently annulled a decision taken by the German federal cartel office (the Bundeskartellamt) prohibiting the creation of an insurance pool and gave some crucial guidance on the criteria to be applied to define such pools with respect to the insurance industry

German men see a raise of their health insurance premiums

  • Norton Rose LLP
  • -
  • Germany
  • -
  • March 18 2008

From 2008 the principle of equal treatment will be applied in tariffs for health insurance

International focus

  • Norton Rose LLP
  • -
  • France, Germany, Italy, Thailand, United Kingdom
  • -
  • February 26 2007

A round-up of developments in the global insurance industry from our offices

Update on the use of genetic data in Germany

  • Norton Rose LLP
  • -
  • Germany
  • -
  • March 11 2009

In August 2008 the Federal German Cabinet submitted the draft bill on the Law of Genetic Examination of the Human Being (Gendiagnostikgesetz

BaFin introduces notification obligation of short positions in certain German banks and insurance companies

  • Norton Rose LLP
  • -
  • Germany
  • -
  • March 17 2010

By decree dated 21 September 2008, the German Federal Financial Supervisory Authority (BaFin) banned short sales in certain German banks and insurance companies

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