European Union: Insurance Laws and Products

Ireland's Consumer Insurance Contracts Act 2019 has reached full implementation with the commencement of section 18(4) on 13 May 2026, introducing new protections for innocent co-insureds affected by criminal or intentional acts of other policyholders. This final provision requires insurers to conduct individual factual assessments of each co-insured's knowledge and consent before applying criminal act exclusions, fundamentally changing how claims involving fraudulent co-insureds are handled.

The International Maritime Organization has confirmed that the HNS Convention, governing liability and compensation for damage from hazardous cargo transport by sea, will enter force on 29 November 2027. After nearly three decades of delays, this creates immediate compliance obligations for Malta's ship registry and the global maritime industry, requiring new insurance certificates, reporting systems, and a two-tier compensation framework backed by both shipowners and cargo receivers.

These updates are intended to keep Maltese regulated entities informed of regulatory changes and developments taking place in the local financial services space.

FinanceMalta's 2025 Annual Report reveals the financial services sector's significant contribution of 7.2% to Malta's gross value added, while the organization pivots toward a more specialized, higher-value growth strategy focused on strategic niches. With over 2,400 authorized financial services entities and 330 member firms, the island nation is positioning itself as a seasoned ecosystem for targeted financial services markets amid evolving international regulations and geopolitical developments.

FinanceMalta speaks with Alex Konewko of Finductive to explore the emerging world of embedded finance and its implications for the financial services industry. Is embedded finance disrupting traditional banking models, or does it represent a natural evolution that benefits all stakeholders? This conversation examines how this transformation is reshaping the relationship between customers, businesses, and financial institutions.

Has a family member died at work or while commuting to or from work? Discover who may be held responsible, what benefits INAIL provides, what additional compensation the family may be entitled to in 2026, and why it is crucial to act immediately with the assistance of a lawyer.

The Central Bank of Ireland emphasizes the critical need for financial institutions to strengthen their anti-financial crime frameworks amid global instability, while European regulators advance new technical standards...

The UPC Court of Appeal has overturned a €2 million security for costs order, finding that a claimant's litigation insurance with anti-avoidance endorsement provides sufficient protection against unenforceability of adverse costs orders. This landmark decision addresses whether appropriate litigation insurance can substitute for traditional security mechanisms and signals that courts must properly consider such policies when assessing security applications.

Road traffic accidents are one of the most common causes of personal injury claims in Cyprus. Some cases are relatively straightforward. Others are not.