“AI in insurance industry: applications, risks, and legal considerations” (article by M. Katsioti, and X. Kretsovali, Associates published on Lexology, May 6, 2025) AI in Insurance: Transforming Operations with Innovation, Regulation, and Trust Artificial Intelligence (AI) is rapidly reshaping the insurance industry. Over the past three years, it has evolved from a buzzword into a...Read More

Beneficiaries of insurance claims and beneficiaries of insurance money Two notions with an identical meaning The ambiguous notion of insurance money under Greek Law As early as 2001, EU law (Directive 2001/17 on the reorganization and winding-up of insurance undertakings, which has  been incorporated into Directive 2009/138) provided the definition of the concept of “insurance...Read More

Regulatory Innovation: Mystery Shoppers to Safeguard Consumers in the Financial Sector By virtue of a recently introduced provision (art. 77 of Law no. 5193/2025), the Bank of Greece (BoG), in its capacity as the supervisory authority of enterprises of the financial sector (credit institutions, insurance companies) was empowered to use the technique of “mystery shopping”...Read More

Remarks on the provisions of the new Greek Private Maritime Code. *Published in Commercial Law Review, 2023, p.1 ff Το δίκαιο της θαλάσσιας ασφάλισης κατά τον νέο Κώδικα Ιδιωτικού Ναυτικού Δικαίου Ιωάννης Κ. Ρόκας Η ασφαλιστική σύμβαση θαλάσσιων κινδύνων ρυθμίζεται  κυρίως από στερεότυπους διεθνείς ασφαλιστικούς όρους και πολύ περιορισμένα από τις  ειδικές διατάξεις  τόσο του...Read More

COUNTRY UPDATE – Serbia: Insurance 2024 (Contribution by Suzana Pavlovic, Jelena Pejovic and Mirjana Mladenovic Paripovic, Attorneys at Law in Rokas Belgrade, published in Thomson Reuters, Regulatory Intelligence, Country update – Serbia: Insurance, Oct 2024) In Serbia, the insurance sector is regulated primarily by the Law on Contracts and Torts and the Insurance Law. These...Read More

7th Edition of “Insurance Disputes” We are pleased to share the release of the 7th edition of Insurance Disputes by Lexology, a must-have resource for anyone involved in navigating the complex world of insurance conflict resolution. This updated edition offers comprehensive insights into how insurance disputes are evolving across different jurisdictions globally, making it an...Read More

(ΑΜL) Anti Money Laundering Regulation 2024/1624: Harmonizing Compliance Standards across the EU (article by A. Chatziiakovou, Associate and S. Getimi, Senior Associate published on Lexology, Sept 16, 2024) Introduction As illicit money flows can prove particularly damaging to the integrity, stability and prestige of the financial sector and threaten the EU’s internal market, targeted and...Read More

COUNTRY UPDATE – Serbia AML 2024 (Contribution by Suzana Pavlovic, Attorney at Law in Rokas Belgrade, published in Thomson Reuters, Regulatory Intelligence, Country update – Serbia: AML, July 2024) The article by Suzana Pavlovic provides a detailed overview of Serbia’s legislative measures to prevent money laundering and terrorism financing. It outlines the main laws, responsible...Read More

Insurance & Reinsurance Law – Greece Published on Lexology In-Depth, June 3 The Greek insurance market has seen substantial growth and significant regulatory changes in 2023, as detailed in a recent Lexology In-Depth article by Dr. Dimitris Chatzimichael, Partner,  Xenia Lymperopoulou, Associate, and Xenia Kretsovali, Associate at Rokas Law Firm. The article distinguishes between life,...Read More

Insurance legal framework in Bulgaria The legal framework of any sector could be quite a complex notion. Regarding the insurance sector, however, its guarantee and surety functions, protecting the interests of insureds and beneficiaries, generate several specificities. 1. Sources The main source of insurance legislation is the Insurance Code (IC) which concentrates great part of...Read More