The CJEU rules on insurance premium taxation: a guide for group insurance taxation? (Article by Viktoria Chatzara – Senior Associate and Paraskevi Res – Associate of Rokas Law Firm, published on Lexology Navigator – Insurance & Reinsurance for Greece, 27 March 2019) European Union On 17 January 2019 the Court of Justice of the European...Read More

The Greek Draft Law harmonising the insurance distribution directive IDD (Article by Alkistis Christofilou – Partner, Viktoria Chatzara – Senior Associate and Alexandra Papaioannou – Associate, published on Lexology Navigator – Insurance & Reinsurance for Greece, 17 July 2018) European Union, Greece|July 17 2018 The highly anticipated Draft Law on the transposition of the Insurance...Read More

Critical Interpretation of article 101 (1) TFEU on an anti – competitive share clients agreement of a Romanian pension fund Following a request for a preliminary ruling under article 267 TFEU from Înalta Curte de CasaĠie úi JustiĠie (High Court ofCassation and Justice of Romania), the Court of Justice of the European Union (Second Chamber)...Read More

The proposal of the new Serbian Insurance Law On 5 December 2014 the proposal of the new Serbian Insurance law has been put in the Parliament procedure by the National Bank of Serbia. The proclaimed aims of the proposal of the Insurance law are to ensure better protection of the users of financial services and...Read More

The New Draft Insurance Law Prepared by the National Bank of Serbia In May 2014 National Bank of Serbia (the “NBS”) has published a draft of Insurance law (the “draft Law”) which has been put forpublic discussion with the view to enter parliamentary procedure until autumn 2014. According to the NBS the draft law is...Read More

Insurance Consumer Protection strengthened by the Romanian High Court The Romanian High Court of Cassation and Justice has settled, at the highest level, a long dispute regarding theobligation of the insurer to pay the insured amount in cases of automobile thefts where the original certificate ofregistration was inside the stolen automobile and, therefore, no longer...Read More

The insurance contract according to the new Romanian Civil Code Section 1- General provisions Art. 2199- Definition Art. 2200- Configuration and evidence Art. 2201- Insurance policy Art. 2202- Types of insurance policy Art. 2203- Notification regarding the risk Art. 2204- Inaccurate declarations or reticence on the risk Art. 2205- Lack of insured risk Art. 2206-...Read More

EIOPA-Report on Good Supervisory Practices regarding knowledge and ability requirements for distributors of insurance products   The “Report on Good Supervisory Practices regarding knowledge and ability requirements for distributors of insurance products” was drafted by the European Insurance and Occupational Pensions Authority  and published on 9th December 2013. As stated in the report (page 59),...Read More

Subsidiary Capital for MTPL a New Model for its Financing After the Law 4092-2012 By the sole article of Law 4147/1961, Greece has ratified the European Convention of Strasbourg on compulsory insurance againstcivil liability in respect of motor vehicles, MTPL Model, dated 20 April 1959. By the aforesaid ratification, the Convention has become an integral...Read More

Report on the Legal Framework of the Insurance Sector in Albania The scope of this report – by Rokas (Tirana) – is to present the legal regime framework related to insurance in the Republic of Albania, some of them follow below REGULATION The insurance sector is governed by Law no. 9267, date 29.07.2004 “On the...Read More