LATEST ARTICLES
Bermuda
Appleby
All signs point to another very strong year for the catastrophe bond and related insurance-linked securities (ILS) market, and a lack of new capital entering...
Walkers
Further to the Bermuda Monetary Authority's ("BMA") consultations with respect to proposed enhancements to the regulatory regime for commercial insurers...
British Virgin Islands
Harneys
On 16 January 2024, the BVI Financial Services Commission announced the release of updated annual return forms, in an effort to enhance reporting efficiency...
Cayman Islands
Maples Group
All persons carrying on or desiring to carry on insurance business (including reinsurance business) in or from within the Cayman Islands...
Conyers
A warm welcome to our latest edition of Conyers Coverage. It's been a dizzying year to date for the Cayman Islands (re)insurance industry, so it's time for some updates and insights.
Cayman Finance
Cayman has long been a leading financial centre for both investment funds and captive insurance. However, it is now also flourishing as a dynamic jurisdiction of choice for reinsurance.
Conyers
The Cayman Islands Companies Act (the "Act") imposes continuing obligations on all types of companies. Those companies which carry on business as trust companies, banks, company...
Conyers
The Cayman Islands has long enjoyed an effective insurance regulatory regime, supplemented by the advantages of tax neutrality, accessible and pragmatic regulators and sophisticated service providers...
Cayman Finance
The Cayman International Reinsurance Companies Association (CIRCA) has announced the launch of its inaugural conference, ReConnect, taking place 18-19 April 2024 at the Ritz-Carlton, Grand Cayman.
Gibraltar
ISOLAS
The Income Tax (Amendment) Act 2024 ("the Amending Act") was passed last week and establishes amendments to the Income Tax Act 2010 ("the Old Act"), in particular...
Hong Kong
Mayer Brown
The insurance brokerage market has emerged from the challenging financial conditions and geopolitical headwinds of 2023 as a bright spot that demonstrates resilience and promises great growth potential.
Ireland
Dillon Eustace
In Chubb European Group SE & Ors v. Perrigo Company PLC & Ors [2024] IEHC 9, the Commercial Court considered the interpretation of an aggregation clause in a contract...
Luxembourg
ELVINGER HOSS PRUSSEN, société anonyme
On 19 March 2024, the Luxembourg Chamber of Deputies adopted bill of law 8184 transposing Directive 2021/2118 into national law related to motor vehicle liability insurance1 (the "Bill of Law").
Arendt & Medernach
On 29 January 2024, the Commissariat aux Assurances (CAA) published Information Note 24/3 (Note), which summarises the outcomes of prudential on-site inspections that the CAA conducted in 2021 and 2022.
Malta
Finance Malta
The 1st February 2024 marked the publication by the Malta Financial Services Authority ("MFSAs") of its 9th volume from its series on ‘The Nature and Art of Financial Supervision'.
Finance Malta
In the digital age, insurance companies are not only guardians of financial protection but also stewards of sensitive customer data.
United Arab Emirates
Awatif Mohammad Shoqi Advocates & Legal Consultancy
The New Insurance Law in the UAE, as outlined in Federal Decree-Law No. 48/2023, brings comprehensive regulations to the insurance sector. Covering a wide range of aspects...
European Union
Arendt & Medernach
On 24 January 2024, the Commissariat aux Assurances (CAA) published Information Note 24/1 on the concept of insurance intermediary in the context of group insurance contracts (Note).
Dillon Eustace
The 6th Motor Insurance Directive, Directive (EU) 2021/2118 (‘2021 Directive'), was published in the Official Journal of the EU on 02 December 2021...
Finance Malta
Following two extensive surveys carried out with the EU national competent authorities, EIOPA issued the results of its findings on the impact of the IDD on consumers...
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