European Union Archives - Page 18 of 20

EU/US: European and US Insurance Bodies Call for Bilateral Forum

May 14, 2008 | Regulatory, Solvency II | European Union, United States

On 12 May 2008 the Comité Européen des Assurances (CEA) and the American Council of Life Insurers (ACLI) issued a joint statement calling for the formation of an E.U.-U.S. bilateral forum on insurance and reinsurance issues.

UK: Regulatory: EEA Branches of UK Insurers are Consulted on the Financial Services Authority’s (FSA) Proposal to Amend the Financial Services Compensation Scheme (FSCS)

May 9, 2008 | Regulatory | European Union, United Kingdom

The FSA has published a consultation paper to seek views on proposals to modify the scope of the FSCS as it applies to business written through EEA branches of UK insurers. Click here to read the consultation paper.

Insurance Guarantee Schemes

May 9, 2008 | Insolvency, Restructuring and Run-Off | European Union, United Kingdom

We reported on 15 January 2008 on the publication of a study on Insurance Guarantee Schemes (IGS) commissioned by the European Commission (the Commission) (click here).

CEA Responds to Ceiops Solvency II consultation Papers

May 1, 2008 | Solvency II | European Union

The European insurance and reinsurance federation, the CEA, has responded to two consultation papers issued by the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS ).

UK: Lloyd’s Reminds the Subscription Market of Their Obligation to Comply with Competition Law

May 1, 2008 | Lloyd's | European Union, United Kingdom

Competition issues within the business insurance sector have been much discussed recently. The European Commission published its final report on its inquiry into the business insurance sector on 25 September 2007. The report highlighted some questions regarding premium alignment between lead insurers and followers in the co-insurance market.

UK: Regulatory: Treasury and Financial Services Authority (FSA) Launch Consultation on EU Insurance Sector

Apr 24, 2008 | Regulatory, Solvency II | European Union, United Kingdom

A discussion paper on the UK’s proposals to reduce the administrative burden on insurance groups operating in the EU was launched on the 22 April 2008 by the Treasury and the FSA. (See: Discussion Paper) As has previously been discussed in a recent blog, the FSA has recognised the need for further development of the existing arrangements for regulatory cooperation and endorses the idea of cooperation among regulators and the creation of supervisor colleges.

EU: European Commission (the Commission) to examine the use of insurance block exemption regulation

Apr 18, 2008 | Antitrust, Regulatory | European Union, United Kingdom

The Commission has begun a public consultation to investigate the functioning of the Insurance Block Exemption Regulation (BER) and the impact on the various insurance markets in the European Union (EU).

Competition law White Paper issued: Potential exposure for the insurance industry

Apr 16, 2008 | Regulatory | European Union, United Kingdom

On 3 April 2008, the European Commission (The Commission) published its long awaited White Paper (WP) on damages actions for breach of the European Community (EC) antitrust rules.

UK: Regulatory: The Financial Service Authority (FSA) Calls for Increased Co-Operation in Europe

Apr 10, 2008 | Regulatory | European Union, United Kingdom

The FSA has restated the UKs support for the creation of a single market in financial services in Europe, and has called for further development of the existing arrangements for regulatory cooperation among national regulators. The recommendation was contained in the latest edition of what the FSA described as its ‘new look’ International Regulatory Outlook (IRO).

European Court of Justice Considers the Validity of Flemish Legislation Limiting Eligibility to a Care Insurance Scheme

Apr 10, 2008 | Healthcare | European Union

In Government of the French Community, and Walloon Government v Flemish Government Case C-212/06, ECJ (Grand Chamber), the European Court of Justice (ECJ) determined that Flemish legislation limiting eligibility to a care insurance scheme was contrary to European provisions concerning the right to freedom of movement within the European Community (EC) in so far as the care insurance scheme included a residence requirement that excluded persons who worked in the Flemish region or in the bilingual Brussels-Capital, but who resided in another part of the national territory (ie the French or German speaking region).

Jurisdiction: European Union

EU/US: European and US Insurance Bodies Call for Bilateral Forum

UK: Regulatory: EEA Branches of UK Insurers are Consulted on the Financial Services Authority’s (FSA) Proposal to Amend the Financial Services Compensation Scheme (FSCS)

Insurance Guarantee Schemes

CEA Responds to Ceiops Solvency II consultation Papers

UK: Lloyd’s Reminds the Subscription Market of Their Obligation to Comply with Competition Law

UK: Regulatory: Treasury and Financial Services Authority (FSA) Launch Consultation on EU Insurance Sector

EU: European Commission (the Commission) to examine the use of insurance block exemption regulation

Competition law White Paper issued: Potential exposure for the insurance industry

UK: Regulatory: The Financial Service Authority (FSA) Calls for Increased Co-Operation in Europe

European Court of Justice Considers the Validity of Flemish Legislation Limiting Eligibility to a Care Insurance Scheme

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