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19 insurers fined in Vietnam for agreeing on motor insurance premiums
- Rajah & Tann LLP
- -
- Vietnam
- -
- 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
- -
- European Union
- -
- 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
European Commission issues new Insurance Block Exemption Regulation
- Rajah & Tann LLP
- -
- European Union
- -
- 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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