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IVASS Insurance Contracts Insurance Regulations

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

Hogan Lovells on

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 launches a public consultation to adapt its regulations to EU rules on sustainable finance

Hogan Lovells on

IVASS has recently launched a public consultation on a document providing amendments and integrations to some of its secondary regulations, in order to align them to the new European rules on sustainable finance. The IVASS...more

Hogan Lovells

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

Hogan Lovells on

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

Hogan Lovells on

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

IVASS specifies the requirements for appointed experts to carry out mystery shopping activities

Hogan Lovells on

IVASS has launched a public consultation on a draft regulation laying down provisions on the use of external experts for the purposes of mystery shopping activities, i.e. the activity carried out incognito by or on assignment...more

Hogan Lovells

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

Hogan Lovells on

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

Italy: IVASS consults to introduce new annual reporting obligation for non-life insurance companies

Hogan Lovells on

On 28 January 2022, IVASS launched a public consultation on a draft regulation providing rules related to the obligation to communicate to IVASS data and information on non-life premiums collected in Italy by insurance...more

Hogan Lovells

IVASS provides clarifications concerning Italian rules governing insurance distribution

Hogan Lovells on

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

Italy: IVASS secondary level provisions implementing the Insurance Distribution Directive (“IDD”)

Hogan Lovells on

On 8 June IVASS launched three public consultations on its draft regulations providing for secondary level legislation regarding insurance and reinsurance distribution, pre-contractual transparency requirements to be met in...more

Hogan Lovells

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

Hogan Lovells on

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

Hogan Lovells on

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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