Home / Expertise / Insurance
group of red apples with protective packaging on paper background

Insurance

Czech Republic

Insurers, reinsurers, and brokers face an increasingly unpredictable world, not least because of tougher capital and risk requirements impacting on your business. So you can be certain to meet these challenges successfully, you need advisors with specialist knowledge of your sector and a detailed understanding of the evolving regulatory framework.

CMS has helped major insurers establish and expand operations in Central and Eastern Europe. We are the market leader in M&A in the sector, offer dedicated regulatory expertise and have extensive experience from distribution of insurance products to defence of class action claims.

With over 100 insurance lawyers over 40 countries, we can protect your commercial interests in your home market and across borders. We provide advice based on strong local knowledge delivered on a Europe-wide basis by expert lawyers, many of whom have worked in the sector or for regulatory authorities.

We assist clients on the most complex transactional, advisory and contentious matters. A multi-disciplinary team advises on strategic as well as operational matters, liability and dispute resolution, policy drafting, coverage, regulatory issues, M&A, capital raising and restructurings, HR, tax, real estate and commercial issues.

Read more Read less
High­lights of our ex­per­i­ence in In­sur­ance in Czech Re­pub­lic
Met­Life on the ac­quis­i­tions of Aviva Czech Life, Aviva Hun­gary Life, Aviva Ro­mania Life and Aviva Ro­mania Pen­sions from UK in­surer Aviva.QBE on the ac­quis­i­tion of Li­feco, a Cent­ral European in­sur­ance...

Feed

Show only
19 January 2021
New GDPR strategy to tackle new tech­no­logy, data se­cur­ity, in­ter­na­tion­al...
The European Data Pro­tec­tion Board (EDPB) pub­lished its GDPR Strategy 2021-2023 on 5 Janu­ary 2021, set­ting out four main pil­lars and key ac­tions, which in­clude: Pil­lar 1: Ad­van­cing har­mon­isa­tion and fa­cil­it­at­ing...
13 January 2021
EU­'s Por­tuguese pres­id­ency re­leases new draft of ePri­vacy Reg­u­la­tion
On 5 Janu­ary 2021, the Coun­cil of the EU – with Por­tugal serving as the Pres­id­ent-in-Of­fice – re­leased a new draft ver­sion of the ePri­vacy Reg­u­la­tion, which is meant to re­place the ePri­vacy Dir­ect­ive...
13 January 2021
Bel­gian trans­ition­al re­gime for the UK in­sur­ance in­dustry
On 1 Janu­ary 2021, the Brexit trans­ition peri­od came to an end and the United King­dom (“UK”) of­fi­cially left the European Uni­on. The UK can now no longer en­joy the be­ne­fits of the in­tern­al mar­ket...
05 January 2021
PRICL - a game changer in the re­in­sur­ance world?
Al­though the “club at­mo­sphere” around re­in­sur­ance has been dis­turbed in re­cent years due to a surge in re­in­sur­ance dis­putes and the reg­u­lat­or’s en­hanced ini­ti­at­ives to boost con­tract cer­tainty1...
16 December 2020
EU Com­mis­sion pub­lishes pro­posed Data Gov­ernance Reg­u­la­tion
On 25 Novem­ber 2020 the European Com­mis­sion pro­posed new rules on data gov­ernance – a pro­posed Data Gov­ernance Reg­u­la­tion, which is the first of a set of meas­ures an­nounced in the 2020 European strategy...
11 December 2020
Re­cent de­vel­op­ments im­pact­ing the in­sur­ance sec­tor in CEE
We are de­lighted to in­vite you to a we­bin­ar, which will provide you with a brief over­view in­to the latest de­vel­op­ments rel­ev­ant to the in­sur­ance sec­tor.This event will cov­er:We hope that you can at­tend...
24 November 2020
Schrems II: Re­sponses to the su­per­vis­ory au­thor­it­ies' as­sess­ment and re­com­mend­a­tions...
"Schrems II": Opin­ions of the su­per­vis­ory au­thor­it­ies on Schrems II and re­com­mend­a­tions on the im­ple­ment­a­tion of the judge­ment in in­ter­na­tion­al data trans­fers On 16 Ju­ly 2020, the Court of Justice of...
16 November 2020
Schrems II re­vis­ited: the European data au­thor­ity pub­lishes draft guid­ance...
On 11 Novem­ber 2020, the European Data Pro­tec­tion Board (EDPB) pub­lished two re­com­mend­a­tions that provide guid­ance to com­pan­ies on how to as­sess data trans­fers after the ECJ’s Schrems II de­cision:...
20 July 2020
COV­ID-19 and the CEE in­sur­ance in­dustry
As in the rest of the world, Cent­ral and East­ern Europe has had to man­age the cas­cad­ing ef­fects of COV­ID-19 across all sec­tors and in­dus­tries.From March on­wards pub­lic-fa­cing activ­it­ies came to an...
02 July 2020
EU agrees new class ac­tion re­gime for con­sumer dis­putes
After a long gest­a­tion, on 30 June 2020 the Coun­cil of the EU pub­lished the text for the col­lect­ive re­dress dir­ect­ive (the “CR Dir­ect­ive”) (text avail­able here). This le­gis­la­tion is in­ten­ded to bet­ter...
15 June 2020
EIOPA to re­view fun­da­ment­al basis of su­per­vi­sion of in­sur­ance value chain
The European and Oc­cu­pa­tion­al Pen­sion Au­thor­ity (“EIOPA”) has launched a pub­lic con­sulta­tion on the (re)in­sur­ance value chain and new busi­ness mod­els arising from di­git­al­isa­tion (the “Dis­cus­sion...
16 March 2020
European in­sur­ance re­cov­ery and res­ol­u­tion frame­work now an in­ev­it­ab­il­ity
For a long time, the in­sur­ance in­dustry has suc­cess­fully ral­lied against at­tempts to in­tro­duce a re­cov­ery and res­ol­u­tion re­gime sim­il­ar to the Bank Re­cov­ery and Res­ol­u­tion Dir­ect­ive (BRRD). However, EIOPA’s...