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Insurance

Italy

CMS Adonnino Ascoli & Cavasola Scamoni is a leading Italian firm for Insurance law. Many of our lawyers have worked and/or have been seconded in the insurance market (including the London market), which means we understand the complexities of your markets.

Our advice covers all aspects of insurance and reinsurance law. In particular, the firm has outstanding expertise in (re)insurance dispute resolution, regularly advising domestic and foreign life and non-life insurance companies, brokers, agents on a wide range of (re)insurance claims (e.g. D&O, P.I., P.O., MedMal, G.L., bonds, and more).

Our services and expertise extend from conventional advice on complex claims with regard to liability and insurance coverage and/or assistance before Italian Courts, Arbitration Tribunals and in Mediation procedures, through the enforcement of awards in Italian Courts, to the design of new insurance products and advice on drafting policy wordings. We also have remarkable experience in assisting underwriters in placing W&I policies.

We have advised insurance companies and other players on issues around insurance regulatory law for many years. We also represent and assist our clients before IVASS (the Italian Insurance Regulator) for alleged infringements of laws and regulations.

Our experts have unique expertise and provide corporate advice on mergers and acquisitions, regulatory compliance, competition, tax, employment law, property advice and structured finance matters to support insurers, brokers and agents through its multi-disciplinary team.

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02 Apr 20
COV­ID-19 epi­demi­olo­gic­al emer­gency
Meas­ures in fa­vour of in­sur­ance mar­ket op­er­at­ors
03 Apr 20
COV­ID-19 epi­demi­olo­gic­al emer­gency - meas­ures in fa­vour of in­sur­ance...
IVASS (the Itali­an In­sti­tute for the Su­per­vi­sion of In­sur­ance) re­cently ad­op­ted a num­ber of meas­ures aimed at ad­dress­ing the neg­at­ive ef­fects of the COV­ID-19 emer­gency on the in­sur­ance sec­tor. IVASS’...
31/07/2019
Cla­ri­fic­a­tion on W&I Policies from the Itali­an Au­thor­ity,...
30 Mar 20
EU Com­mis­sion calls for closer scru­tiny of for­eign dir­ect in­vest­ment
Non-EU in­vestors may be con­fron­ted with more ri­gid clear­ance pro­cesses when at­tempt­ing to ac­quire EU com­pan­ies as a res­ult of an un­pre­ced­en­ted call for ac­tion by the European Com­mis­sion. In a policy pa­per...
27/03/2019
BREXIT – Ur­gent meas­ures for the op­er­a­tion of UK in­sur­ance...
30 Mar 20
ESMA and FCA cla­ri­fy su­per­vis­ory ap­proach on SFTR back­load­ing re­quire­ments...
This in­form­a­tion is cor­rect as of 11.30am on 30 March 2020 and will not be main­tained. The European Se­cur­it­ies Mar­kets Au­thor­ity (“ESMA”) has cla­ri­fied its po­s­i­tion on the re­quire­ments for ‘back­load­ing’...
CMS Ex­pert Guide to In­sur­ance
26 Mar 20
ESMA and FCA is­sue state­ments con­cern­ing reg­u­lat­ory for­bear­ance for...
Cor­rect as of 12pm on 23 March. This art­icle is not be­ing main­tained. On 18 March 2020, the European Se­cur­it­ies and Mar­kets Au­thor­ity (“ESMA”) pub­lished a state­ment about  reg­u­lat­ory for­bear­ance...
01/02/2018
IVASS cy­ber risk in­vest­ig­a­tion: Ne­ces­sary in­crease...
CMS News­let­ter Italia | 01 febbraio 2018
16 Mar 20
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...
31 Jan 18
Ten things every in­surer should know
28 Feb 20
UK/EU fin­an­cial ser­vices after Brexit -cross bor­der reg­u­la­tion after...
On 25 Feb­ru­ary, the Coun­cil of the EU pub­lished the fi­nal ver­sion of its ne­go­ti­at­ing man­date and, two days later, the UK gov­ern­ment set out its ap­proach to our fu­ture re­la­tion­ship with the EU. Ne­go­ti­ations...