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19 insurers fined in Vietnam for agreeing on motor insurance premiums

Rajah & Tann LLP
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Vietnam
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October 18 2010

In July 2010, the Vietnam Competition Council (‘Council’) fined 19 non-life insurance companies a total of VND1.7 billion (S$116,352) for agreeing on the calculation of motor vehicle insurance premiums

Marine insurance sector not covered by block exemption commission opens probe

Rajah & Tann LLP
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European Union
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October 18 2010

On 26 August 2010, the EC publicly announced that it has opened a formal probe into certainagreements in the marine insurance sector

Competition law probe into marine insurance agreements

Rajah & Tann LLP
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European Union
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August 27 2010

The European Commission issued a press release on 26 August 2010 announcing that it has commenced an investigation into marine insurance agreements by the Protection & Indemnity Clubs ('P&I Clubs') within the International Group of P&I Clubs ('IG'

European Commission issues new Insurance Block Exemption Regulation

Rajah & Tann LLP
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European Union
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March 26 2010

The European Commission ("EC") on 17 April 2008 launched a Consultation Paper on the functioning of the current Insurance Block Exemption Regulation, Regulation No 3582003 ('2003 BER'

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19 insurers fined in Vietnam for agreeing on motor insurance premiums

Marine insurance sector not covered by block exemption commission opens probe

Competition law probe into marine insurance agreements

European Commission issues new Insurance Block Exemption Regulation

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