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Insurance Industry › Regulatory Standards › Insurance Regulations

Skadden, Arps, Slate, Meagher & Flom LLP

The Standard Formula: Encyclopaedia of Prudential Solvency – Chapter 6: Prudential Solvency Regimes in the US

Skadden, Arps, Slate, Meagher & Flom LLP on

This chapter of The Encyclopaedia of Prudential Solvency discusses the prudential solvency regime in the United States. The US regulatory framework is defined by its state-based approach, whereby each state’s department of...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Standard Formula: Encyclopaedia of Prudential Solvency – Chapter 1: The IAIS and the ICS

Skadden, Arps, Slate, Meagher & Flom LLP on

Established in 1994, the International Association of Insurance Supervisors (IAIS) is a voluntary membership organisation comprising insurance regulatory authorities, central banks, ministries of finance, and other...more

Hogan Lovells

Italy: rules on direct compensation for motor liability insurance extended to EU insurance companies

Hogan Lovells on

The Italian annual market and competition law - recently published in the Italian official Gazette - provides, among other things, for an amendment in relation to the rules on direct compensation system for motor liability...more

Herbert Smith Freehills Kramer

NAIC Exposes Key ComFrame-Motivated Changes

Herbert Smith Freehills Kramer on

Internationally active insurance groups (IAIGs) with U.S. domestic insurers should be alert to key changes in regulatory oversight being considered by the National Association of Insurance Commissioners (NAIC). These changes...more

Hogan Lovells

IVASS provides clarifications concerning Italian rules governing insurance distribution

Hogan Lovells on

On 23 December 2021 IVASS published a set of clarifications regarding a number of Italian provisions governing the insurance distribution activity. Following a series of meetings held between the Italian insurance...more

A&O Shearman

In vigore la direttiva IDD sulla distribuzione assicurativa

A&O Shearman on

In data 1° ottobre 2018 è entrata in vigore nell’Unione Europea la Direttiva (UE) 2016/97 del 20 gennaio 2016 (nota come Insurance Distribution Directive – IDD, di seguito la Direttiva) che apporta rilevanti modifiche alla...more

Hogan Lovells

IVASS extends to EU insurers its recent guidelines to simplify insurance policy wording

Hogan Lovells on

In a letter to the market published by IVASS yesterday, the Italian insurance regulator expressly clarified that the scope of application of the guidelines set out in a previous letter to the market also includes EU insurance...more

Hogan Lovells

IVASS and AGCM bring actions against unfair clauses contained in accident and health insurance contracts

Hogan Lovells on

The Italian Insurance Regulator ("IVASS") and the Italian Competition Authority ("AGCM") have taken coordinated actions against certain clauses contained in health and accidents insurance policies that cover permanent...more

Herbert Smith Freehills Kramer

Capital Standards for US Insurers – What’s New?

Herbert Smith Freehills Kramer on

The federal government, state insurance regulators and international regulatory bodies are all actively engaged in the development of capital standard calculations to be employed in the supervision of entities in their...more

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