Intelligence

Warranty & Indemnity (W&I) insurance has increased in popularity in recent years, especially in private merger and acquisition (M&A) transactions. In the past five to ten years

The act of 11 August 2021, amending the Polish Code of Administrative Proceedings, entered into force on 16 September 2021.

Insurance companies may, as a general rule, charge policyholders for early surrender of their investment as long as the amount charged is justified by the costs involved.

Changes to motor insurance laws are being introduced on 14 October 2011, 1 January 2012 and 11 February 2012.

On 8 November 2011 the insurance company TUW SKOK has been fined PLN 500,000 (c. €114,000) by KNF, Poland’s Financial Supervision Authority, because its prices were too low.

Insurers may be obliged in exceptional cases to pay above the limits stipulated in an insurance agreement, according to a Supreme Court ruling about civil liability pensions.