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Results: 1-10 of 57

Insurance review Winter 20122013

  • Clifford Chance LLP
  • -
  • China, European Union, France, Germany, Hong Kong, Italy, Spain, United Kingdom, USA
  • -
  • April 17 2013

On 20 February 2013 it was announced that the European Parliament will now not consider Omnibus II until its 21-24 October 2013 plenary session, four

New regulatory requirements for remuneration systems for financial institutions in Germany

  • CMS Hasche Sigle
  • -
  • Germany
  • -
  • October 14 2010

The makers of economic policy of the Western industrialized countries have been occupied, during the financial market crisis by no other topic as much as the remuneration regulations for financial institutions

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

Court of Appeal considers the applicable law to the assessment of damages

  • Edwards Wildman Palmer LLP
  • -
  • Germany
  • -
  • August 6 2012

In Cox v Ergo Verscherung AG 2012 EWCA Civ 854, the Court of Appeal considered whether, in a claim for damages recoverable from a German insurer, damages should be assessed under English or German law

Allianz SE

  • Dorsey & Whitney LLP
  • -
  • Germany, Indonesia, USA
  • -
  • October 20 2011

Allianz SE, Europe’s largest insurer, is reportedly close to reaching a settlement with the Securities and Exchange Commission over allegations that it paid bribes in Indonesia in order to win insurance business

German courts challenging UK schemes of arrangement?

  • Mayer Brown LLP
  • -
  • Germany, United Kingdom
  • -
  • April 30 2010

In a decision which has not yet been confirmed by the German Federal Court, the Higher Regional Court of Celle (an appellate court) has decided that a German policyholder of UK life insurer Equitable Life is not protected by a scheme of arrangement which had been approved by the London High Court in February 2002

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

German High Court allows direct insured to pursue claim for damages against equitable life despite UK scheme of arrangement

  • Edwards Wildman Palmer LLP
  • -
  • Germany, United Kingdom
  • -
  • February 22 2012

On 15 February 2012, the German High Court, the Bundesgerichtshof (BGH), allowed a German direct insured to pursue his claim against Equitable Life (effectively for misselling a German law insurance policy) despite a Scheme of Arrangement being effective pursuant to Part 26 of the UK Companies Act 2006

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

Global Insurance and Reinsurance Bulletin Winter 2012

  • Hogan Lovells
  • -
  • Argentina, Brazil, China, Ecuador, France, Germany, Peru, Russia, Spain, United Kingdom
  • -
  • January 3 2013

Court has jurisdiction to sanction insurance business transfer involving Gibraltar authorised firm