New IVASS Regulation on transparency, advertising and creation of insurance products from 2019

2019-04-07T12:42:07+00:001 October 2018|Categories: Legislative Updates, Regulatory and Compliance|Tags: |

Following the incorporation into Italian national laws of the Directive (EU) 2016/97 of the European Parliament and of the Council of 20 January 2016 on insurance distribution IVASS (the Italian insurance regulator) has issued the new Regulation no. 41 of 2 August 2018 on disclosure, advertising and creation of insurance Read More

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New IVASS Regulation on simplification measures for contractual relationships

2015-03-03T21:00:03+00:003 March 2015|Categories: Legislative Updates, Regulatory and Compliance|Tags: |

Following the public consultation launched on 18 March 2014, IVASS published the Regulation No. 8 of 3 March 2015 concerning measures to simplify the administration of contractual relationships between insurance undertakings, intermediaries and clients. The Regulation implements Article 22, paragraph 15-bis of Law Decree No. 179 of 18 October 2012, as Read More

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Sale of the majority stake into a manufacturer of aseptic valves and components

The firm has advised a leading Italian Group of the inox valves industry on the sale of its majority stake into the division of aseptic valves and components. The firm also advised the Group on its reinvestment into the Club Deal acquiring the company, and negotiating the related investment agreement, shareholders agreement, vendor loan, Read More

Advising on coverage, compliance with conditions precedent, misrepresentation and gross negligence

Acting for several Lloyd’s market insurers and their German co-insurer in a jewellers block policy dispute relating to an alleged EUR 1 million loss suffered at premises. We advised on coverage, security measures, compliance with conditions precedent, misrepresentations and gross negligence and accordingly declined the loss. We handled mediation proceedings, and successfully resolved Read More

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