European Union: Insurance

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Article
Gaps In W&I Insurance Coverage
Warranty and Indemnity insurance has become a standard feature in Finnish M&A transactions, yet many parties misunderstand its actual scope of protection. This examination reveals five critical coverage gaps that frequently catch buyers and sellers off guard, from the treatment of known risks to the challenges of proving losses. Understanding these limitations and how to address them through proper deal structuring can mean the difference between effective risk transfer and unexpected liability exposure.
Finland Insurance
NL
NORDIA Law
Article
Update To French Insurance Code Regarding Time Limits For Claims Handling In “damage Insurance”
France has enacted new legislation imposing strict time limits on insurers for handling property and casualty insurance claims, requiring offers or reasoned refusals within two to six months depending on expert involvement. The law mandates payment within 21 days of acceptance and grants the French Prudential Authority oversight powers, though implementation details await a forthcoming decree.
France Insurance
HF
Holman Fenwick Willan
See more

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Article
New Winding-Up Powers For The Central Bank Of Ireland: What Irish (Re)Insurers Need To Know
The Insurance (Disregard of Certain Medical History and Miscellaneous Provisions) Act 2026 introduces sweeping changes to the Central Bank of Ireland's regulatory powers over insurers and reinsurers. Beyond the widely discussed "right to be forgotten" provisions for cancer survivors seeking mortgage protection, the legislation fundamentally expands the grounds on which the Central Bank can petition for winding-up orders and extends these powers to cover reinsurers for the first time.
Ireland Insurance
WF
William Fry
Article
Central Bank Consults On Revised Domestic Actuarial Regime For Irish (Re)Insurers
The Central Bank of Ireland has launched Consultation Paper 171, proposing significant refinements to its domestic actuarial regime and guidance for insurance and reinsurance undertakings. These changes affect the Head of Actuarial Function role, reserving policies, peer review requirements, and various life and non-life specific elements, with the consultation open for submissions until October 2026.
Ireland Insurance
WF
William Fry
See more
Article
Gaps In W&I Insurance Coverage
Warranty and Indemnity insurance has become a standard feature in Finnish M&A transactions, yet many parties misunderstand its actual scope of protection. This examination reveals five critical coverage gaps that frequently catch buyers and sellers off guard, from the treatment of known risks to the challenges of proving losses. Understanding these limitations and how to address them through proper deal structuring can mean the difference between effective risk transfer and unexpected liability exposure.
Finland Insurance
NL
NORDIA Law
Article
Update To French Insurance Code Regarding Time Limits For Claims Handling In “damage Insurance”
France has enacted new legislation imposing strict time limits on insurers for handling property and casualty insurance claims, requiring offers or reasoned refusals within two to six months depending on expert involvement. The law mandates payment within 21 days of acceptance and grants the French Prudential Authority oversight powers, though implementation details await a forthcoming decree.
France Insurance
HF
Holman Fenwick Willan
See more