05.12.2019

News from EIOPA: European Insurance Overview 2019

In 19 November 2019, EIOPA published the second annual bulletin “European insurance overview”, containing various statistical data processed by the Authority on the basis of the information published by…

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18.10.2019

EIOPA travel insurance thematic review: a warning to the travel insurance industry

In a report published on 9 October 2019 – called “Thematic Review on Costumer Protection Issues in Travel Insurance” – EIOPA expressed its concerns regarding several consumer protection issues detected in…

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17.10.2019

Medical malpractice insurance: Draft Decree setting up the new minimum requirements for Insurance Policies covering the risks connected to health care activities

Last August the draft decree (hereinafter the “Draft Decree”) that should regulate coverage minimum requirements and general conditions of insurance policies underwritten by public or private healthcare…

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15.10.2019

IVASS News | Healthcare liability risks in Italy (2010-2018)

On 4 October 2019, IVASS announced the results of the last statistical survey on the coverage of healthcare liability risks for the period 2010-2018. Many interesting elements have come to light. In…

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27.09.2019

News from IVASS: Public consultation phase of the new regulation on the products governance and oversight of insurance (POG) and IBIPs distribution

On 23 September, IVASS published two consultation documents nn. 1/2019 and 2/2019 on its website. By the first of the document, IVASS submits to the market the regulation scheme by which "new provisions…

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17.09.2019

IVASS News: IVASS Statistics on complaints: annual data 2018

Statistics on complaints: annual data 2018 On 4 June 2019, IVASS published the last statistics relating to the complaints received by insurance companies in 2018, where it emerges, in the aggregate, a…

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17.09.2019

News from the Supreme Court: Coverage denials of insurance policies

Coverage denials of insurance policies The Court of Cassation, with judgement n. 18742 of 12 July 2019, confirmed that in relation to civil liability insurance, the objection that policies do not operate,…

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17.09.2019

IVASS news: Natural disasters and insurance cover: risk assessment and policy options for Italy

Natural disasters and insurance cover: risk assessment and policy options for Italy On 30 July 2019, IVASS published Working Paper n. 13 (curated by Riccardo Cesari and Leandro D’Aurizio) focused on the…

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18.04.2018

Guidelines for clear and simple Insurance Policies

I. The Guidelines’ approval and IVASS letter to the market The Italian Insurance Regulator (“IVASS”) brought to the insurers’ attention the need to simplify insurance contracts and wordings. Following…

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