The aim of this guide is to provide its readers with a pragmatic overview of the law and practice of insurance & reinsurance law across a variety of jurisdictions.

Each chapter of this guide provides information about the current issues affecting insurance and reinsurance in a particular country and addresses topics such as contract regulationlicensingpenaltiespolicyholder protectionalternative dispute resolution as well as personal insight and opinion as to the future of the insurance market over the next five years.

The Q&A template for each chapter has been provided by Katherine Coates of Clifford Chance.

3rd Edition | Published: May 2019

Hot Topic: Insurability of GDPR Fines in Austria – Yet another “Moral Hazard” Debate?

The European Union’s new data protection regime – the General Data Protection Regulation (EU) 2016/679 (“GDPR”), which replaced its 20-year-old predecessor – attracted international attention even beyond the EU’s borders in recent months. In fact, few other instruments of secondary European Union law have been more widely received and discussed than the GDPR. The reasons …

Hot Topic: Regulators Struggle to Raise the Standard of Care for Financial Advice

On March 15, 2018, the U.S. Court of Appeals for the Fifth Circuit (“Fifth Circuit”) in a 2-1 decision vacated the Obama-era U.S. Department of Labor’s (“DOL”) Fiduciary Rule (“Fiduciary Rule”), which responded to a historical shift from traditional pension plans to individually managed accounts, such as individual retirement accounts (“IRAs”) and 401(k)s. The Fiduciary …

Australia

Clyde & Co

Austria

Vavrovsky Heine Marth Rechtsanwälte

Belgium

Steptoe and Johnson

Brazil

Tavares Advogados

Chile

Ríos, Ramdohr y García Lawyers

China

Anjie Law Firm

Denmark

Horten Law Firm

France

Kennedys

Germany

Clyde & Co LLP

India

Tuli & Co

Indonesia

Soemadipradja & Taher

Ireland

Arthur Cox

Israel

Levitan, Sharon & Co

Italy

Studio Legale Giorgetti

Japan

Chuo Sogo Law Office

Mexico

Nader, Hayaux y Goebel, SC

Norway

DLA Piper

Peru

Osterling Abogados

Poland

Clifford Chance

Switzerland

mbh ATTORNEYS AT LAW

Thailand

R & T Asia (Thailand) Limited

United Kingdom

Clifford Chance

United States

Clyde & Co LLP