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Insurance Regulations Italy Reinsurance

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Italy sets out the legal framework for compulsory Nat Cat insurance

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The long-awaited Ministerial Decree regulating catastrophic risk insurance schemes implementing the related provisions under the 2024 Italian Budget Law has been recently published in the Italian official Gazette. Companies...more

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IVASS consults on new ways of access and use of the Register of insurance intermediaries

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IVASS has recently launched a public consultation on a document providing amendments to its Regulation no. 40/2018 in order to enable the registration of insurance intermediaries on the web portal of the Register of insurance...more

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Italy: IVASS consults to amend certain provisions regarding insurance distribution

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IVASS has launched a public consultation in order to amend certain provisions of IVASS Regulation No. 40/2018 on insurance and reinsurance distribution, in particular regarding professional requirements of insurance...more

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Italy: IVASS public consultation on the new online comparison system for motor liability insurance

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IVASS has launched a public consultation on a draft regulation laying down provisions on the setting up of an online comparison system for premiums related to the so-called basic contract offered by insurance undertakings...more

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Italy: IVASS reviews the regulatory framework on unit and index linked products

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On 11 March 2022, IVASS launched a public consultation on a draft regulation which would introduce new provisions governing unit-linked and index-linked policies issued by Italian and foreign insurance undertakings. On the...more

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Italy: IVASS consults to introduce new annual reporting obligation for non-life insurance companies

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On 28 January 2022, IVASS launched a public consultation on a draft regulation providing rules related to the obligation to communicate to IVASS data and information on non-life premiums collected in Italy by insurance...more

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New rules on portfolio transfers of insurance and reinsurance undertakings

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IVASS published a public consultation in order to amend its Regulation no. 14 of 18 February 2008 ruling - among others - the authorization procedure applicable to insurance portfolio transfers....more

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New rules on IBIPs, POG, motor car insurance and complaints’ handling: IVASS and CONSOB complete the implementation of the...

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Following three public consultations launched on 23 September 2019, IVASS and CONSOB completed the implementation in Italy of (EU) Directive 2016/97 on insurance distribution ("IDD"), by publishing IVASS Measure No. 97/2020,...more

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Italy: IVASS secondary level provisions implementing the Insurance Distribution Directive (“IDD”)

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On 8 June IVASS launched three public consultations on its draft regulations providing for secondary level legislation regarding insurance and reinsurance distribution, pre-contractual transparency requirements to be met in...more

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