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Insurance Industry Italy Insurance Regulations

Hogan Lovells

Obligations for insurance companies and intermediaries arising from EU restrictions against Russia

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IVASS has recently published a letter to the market clarifying obligations for insurance undertakings and intermediaries under Council Regulation (EU) No. 269/2014 concerning restrictive measures related to Ukraine's...more

Hogan Lovells

IVASS consults again to review the regulatory framework governing unit and index linked products

Hogan Lovells on

On 28 March 2024, IVASS launched a second public consultation on a draft regulation regarding unit and linked insurance products. The purpose of the draft regulation is to lay down the rules aimed at updating, in line with...more

Hogan Lovells

IVASS proposes amendments to simplify the pre-contractual distributor and product disclosures

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IVASS has recently launched a public consultation on a draft regulation providing amendments and integrations to its existing regulations on insurance and reinsurance distribution and on information, advertising and designing...more

Hogan Lovells

IVASS consults on new ways of access and use of the Register of insurance intermediaries

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IVASS has recently launched a public consultation on a document providing amendments to its Regulation no. 40/2018 in order to enable the registration of insurance intermediaries on the web portal of the Register of insurance...more

Hogan Lovells

Italy: rules on direct compensation for motor liability insurance extended to EU insurance companies

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The Italian annual market and competition law - recently published in the Italian official Gazette - provides, among other things, for an amendment in relation to the rules on direct compensation system for motor liability...more

Hogan Lovells

Italy: IVASS consults to amend certain provisions regarding insurance distribution

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IVASS has launched a public consultation in order to amend certain provisions of IVASS Regulation No. 40/2018 on insurance and reinsurance distribution, in particular regarding professional requirements of insurance...more

Hogan Lovells

Italy: IVASS public consultation on the new online comparison system for motor liability insurance

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IVASS has launched a public consultation on a draft regulation laying down provisions on the setting up of an online comparison system for premiums related to the so-called basic contract offered by insurance undertakings...more

Hogan Lovells

Italy: IVASS reviews the regulatory framework on unit and index linked products

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On 11 March 2022, IVASS launched a public consultation on a draft regulation which would introduce new provisions governing unit-linked and index-linked policies issued by Italian and foreign insurance undertakings. On the...more

Hogan Lovells

IVASS provides clarifications concerning Italian rules governing insurance distribution

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On 23 December 2021 IVASS published a set of clarifications regarding a number of Italian provisions governing the insurance distribution activity. Following a series of meetings held between the Italian insurance...more

A&O Shearman

In vigore la direttiva IDD sulla distribuzione assicurativa

A&O Shearman on

In data 1° ottobre 2018 è entrata in vigore nell’Unione Europea la Direttiva (UE) 2016/97 del 20 gennaio 2016 (nota come Insurance Distribution Directive – IDD, di seguito la Direttiva) che apporta rilevanti modifiche alla...more

Hogan Lovells

IVASS extends to EU insurers its recent guidelines to simplify insurance policy wording

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In a letter to the market published by IVASS yesterday, the Italian insurance regulator expressly clarified that the scope of application of the guidelines set out in a previous letter to the market also includes EU insurance...more

Hogan Lovells

IVASS and AGCM bring actions against unfair clauses contained in accident and health insurance contracts

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The Italian Insurance Regulator ("IVASS") and the Italian Competition Authority ("AGCM") have taken coordinated actions against certain clauses contained in health and accidents insurance policies that cover permanent...more

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