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Insurance

Belgium

Whether you are an insurer, broker, reinsurer or insured party, you face an increasingly unpredictable world. From day-to-day operational matters to strategic planning, liability and disputes resolution, policy drafting, coverage and regulatory issues, your world is changing rapidly as tougher capital and risk requirements impact your business. With 100 specialist lawyers in 33 countries, we are attuned to your commercial interests and can protect them in your home market and across borders. Our approach is based on strong local legal knowledge delivered to you on a European-wide basis by experts who truly understand the insurance sector.

Many of our lawyers have worked in the insurance sector which means we understand the complexities of your markets. Whether you require guidance on claims, regulation policy drafting, wider business disputes, M&A, capital raisings and restructurings, cyber liability, HR, tax, real estate or commercial issues, our multi-disciplinary specialists can help you. We have a recognised domestic and cross-border track record of delivering for clients on the most complex transactional and advisory engagements in this sector. Equally, In the event of a domestic or cross-border insurance or reinsurance dispute, we can guide you through the disputes process, striving to secure the best business outcome.

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Virginie Frémat
07/03/2019
Brexit for In­surers
24/04/2019
Bel­gian reg­u­lat­ory frame­work for MGAs now in force
On 21 Novem­ber 2018 and 7 March 2019, we is­sued news­let­ters (re­spect­ively avail­able here and here) re­gard­ing the Bel­gian pro­pos­al to cre­ate a new reg­u­lat­ory frame­work for man­aging gen­er­al agents (“MGAs”) in Bel­gi­um (“Pro­pos­al”).
28/01/2019
Vir­ginie Frémat pro­moted to part­ner
12/03/2019
Bel­gi­um braces for Hard Brexit with draft law
On Feb­ru­ary 19, Bel­gi­um passed a draft law pre­par­ing it­self for a Hard Brexit should the UK leave the European Uni­on (EU) on the dead­line of 29 March 2019 without a with­draw­al agree­ment in place to reg­u­late UK's de­par­ture and define its fu­ture re­la­tion­ship.
Tom Heremans
30/11/2018
Novem­ber 2018 News­let­ter
07/03/2019
Up­date of Bel­gian pro­pos­al for MGA reg­u­lat­ory frame­work
On 21 Novem­ber 2018, we is­sued a news­let­ter (ac­cess­ible here) re­gard­ing a draft law amend­ing the law of 4 April 2014 on in­sur­ance, which will cre­ate a new reg­u­lat­ory frame­work for man­aging gen­er­al agents (“MGAs”) in Bel­gi­um (“Pro­pos­al”).
28/09/2018
Septem­ber 2018 News­let­ter
21/11/2018
Bel­gi­um to cre­ate new reg­u­lat­ory frame­work for MGAs
The Bel­gian reg­u­lat­or has pub­lished a draft law amend­ing the law of 4 April 2014 on in­sur­ances, which will cre­ate a new reg­u­lat­ory frame­work for man­aging gen­er­al agents (“MGAs”) in Bel­gi­um (“Pro­pos­al”).
31/01/2018
Ten things every in­surer should know
20/11/2018
Bel­gian im­ple­ment­a­tion of IDD com­ing soon
On 4 Oc­to­ber 2018, the Bel­gian gov­ern­ment fi­nally sub­mit­ted its draft law (“Draft Law”) im­ple­ment­ing Dir­ect­ive 2016/97/EU on in­sur­ance dis­tri­bu­tion (“IDD”) in Bel­gi­um. IDD re­peals and re­places Dir­ect­ive 2002/92/EC on in­sur­ance me­di­ation (“IMD”) and entered.
19/01/2018
Vir­ginie Frémat pro­moted to As­so­ci­ate Part­ner
25/10/2018
Life in­sur­ance con­tracts to be lis­ted at Cent­ral Point of Con­tact
The Cent­ral Point of Con­tact (“CPC”), which is held by the Na­tion­al Bank of Bel­gi­um, is a re­gister of bank ac­counts and fin­an­cial con­tracts. At present, the CPC in­cludes in­form­a­tion about bank ac­counts held in Bel­gi­um by both res­id­ent and non-res­id­ent nat­ur­al.