Guy Carpenter & Company has released a report on the recent developments and trends in the Continental European legal environment that impact on the casualty insurance industry.
The study has been developed in conjunction with law firm, Heuking Kühn Lüer Wojtek, and its network of insurance law practitioners in jurisdictions across Continental Europe.
It highlights European Commission consultations regarding cross-border road traffic accident claims and an Austrian Supreme Court ruling on premium arrears.
Also included are updates to the French Insurance Code and legal developments in Germany, Italy, The Netherlands, Norway, Spain, Sweden and Switzerland.
Guy Carpenter managing director International Casualty Specialty, David Lewin, comments: “Recent legislative and judicial developments reveal a level of conservatism among judges and legislators that is sounding a note of caution over the pace at which legal liability should expand in Continental Europe.”
He adds: “Nonetheless, the underlying long-term pressure to extend liability to a more standardized level across Europe remains, and we are likely to see new legal challenges to increase both compensation levels and the scope of legal liability in due course.”
Similar Posts:
- International and Travel Health Insurance Video – nyig.com
- Obama Admin. Appeals Health Care Decision to Atlanta Federal Court
- Arizona Oks Paperless Option on Insurance Proof
- ABI calls for end to UK’s “pain in the neck” culture
- Landlords told to prepare for higher LTV mortgages
