The following In-house Advisor practice note provides comprehensive and up to date legal information covering:
The following jurisdictions are covered in this report:
Austria; Canada; China; European Union; Germany; India; Italy; Japan; Luxembourg; South Korea; Spain; Sweden; Switzerland; Turkey; United Kingdom; USA; Zambia
The set of questions relating to the topic of Insurance & Reinsurance and answered by the guide for each jurisdiction covered include:
Identify the regulatory agencies responsible for regulating insurance and reinsurance companies.
What are the requirements for formation and licensing of new insurance and reinsurance companies?
What licences, authorisations or qualifications are required for insurance and reinsurance companies to conduct business?
What are the minimum qualification requirements for officers and directors of insurance and reinsurance companies?
What are the capital and surplus requirements for insurance and reinsurance companies?
What are the requirements with respect to reserves maintained by insurance and reinsurance companies?
What are the regulatory requirements with respect to insurance products offered for sale? Are some products regulated by multiple agencies?
What are the frequency, types and scope of financial, market conduct or other periodic examinations of insurance and reinsurance companies?
What are the rules on the kinds and amounts of investments that insurance and reinsurance companies may make?
What are the regulatory requirements on a change of control of insurance and reinsurance companies? Are officers, directors and controlling persons of the acquirer subject to background investigations?
What are the requirements and restrictions regarding financing
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and thousands of others like it, sign-in to LexisPSL or register for a free trial.
Existing user? Sign-in
Take a free trial
This Practice Note considers the different categories of contractual damages that may be available for financial loss (pecuniary loss), ie expectation-based damages, reliance-based damages and gains-based damages.For guidance on contractual damages generally, see Practice Note: Contractual
This Practice Note identifies the main torts (bar negligence and nuisance, which are covered elsewhere in our related content) and their key characteristics. Specifically:•trespass to land•trespass to the person•privacy/defamation•liability for animals•employers' liability•product
A declaratory judgment is a judgment identifying the rights, duties or obligations of one or more parties in a dispute. It is legally binding, but does not order any action by a party. A court may issue it alone or in conjunction with some other relief such as an injunction and can be granted on an
Definition of automatismAn act is done in a state of automatism if it is done by the body without control by the mind, (eg it is a spasm or a reflex), or if it is done by a person who is not conscious of what they are doing. The act may be described as involuntary, but will not be regarded as such
0330 161 1234
To view our latest legal guidance content,sign-in to Lexis®PSL or register for a free trial.