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Insurance

Russia

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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28 Oct 19
Do­ing busi­ness in Rus­sia 2019
28 Jan 20
Avi­ation claims: Po­ten­tial chal­lenge to concept of ac­ci­dent in the...
A re­cent Court of Justice of the European Uni­on (CJEU) de­cision in Decem­ber 2019 may give scope to chal­lenge the defin­i­tion and concept of the term “ac­ci­dent” with­in Chapter III - Art­icle 17 (1) of...
24/05/2019
CMS Rus­sia earns 33 re­cog­ni­tions by Best Law­yers 2020
17 Jan 20
CJEU rules in­surers li­able for not in­form­ing life in­sur­ance policy...
The European Court of Justice (CJEU) was re­cently asked to rule on the EU­'s Solvency II Dir­ect­ive (and all earli­er le­gis­la­tions reg­u­lat­ing life in­sur­ance) re­gard­ing the can­cel­la­tion rights of in­sur­ance...
15/02/2019
CMS Rus­sia part­ners Le­onid Zubar­ev and Max­im Boul­ba...
27 Dec 19
Elec­tron­ic la­bour books to be avail­able in Rus­sia from 2021
Em­ploy­ment his­tory re­cords will have to be held in elec­tron­ic form from 1 Janu­ary 2021. Le­gis­lat­ive amend­ments which provide for this and oth­er re­lated re­quire­ments will come in­to force on 1 Janu­ary 2020....
08/2018
Law ad­op­ted for in­creas­ing min­im­um charter cap­it­al...
09 Dec 19
Fines for breach of per­son­al data loc­al­isa­tion rules fi­nally ad­op­ted
The Pres­id­ent has signed a law* in­tro­du­cing fines for the breach of per­son­al data loc­al­isa­tion rules. The law is ef­fect­ive from 2 Decem­ber 2019. The law provides for fines ran­ging from RUB 1m (EUR...
06/2018
The law on counter-sanc­tions now in force
05 Nov 19
Whis­tleblow­ing Dir­ect­ive ad­op­ted by the EU Coun­cil
On 7 Oc­to­ber 2019, the EU Coun­cil ap­proved the word­ing of the "Dir­ect­ive of the European Par­lia­ment and of the Coun­cil on the pro­tec­tion of per­sons who re­port breaches of Uni­on law", also known as the...
CMS Ex­pert Guide to In­sur­ance
30 Sep 19
Rus­si­an draft law sets fines for per­son­al data breaches and in­ter­net...
On 10 Septem­ber 2019, the Rus­si­an State Duma ad­op­ted a bill* in­tro­du­cing fines for the breach of per­son­al data loc­al­isa­tion rules. The draft law went through the first of three hear­ings in the lower cham­ber...