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IVASS consults again to review the regulatory framework governing unit and index linked products

On 28 March 2024, IVASS launched a second public consultation on a draft regulation regarding unit and linked insurance products. The purpose of the draft regulation is to lay down the...

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Recent law provisions and regulatory measures impacting the Italian insurance sector

The Italian Budget Law for 2024 introduced important measures that will have an impact on the insurance business. As to the non-life insurance sector, it is provided an obligation for...

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IVASS proposes amendments to simplify the pre-contractual distributor and product disclosures

IVASS has recently launched a public consultation on a draft regulation providing amendments and integrations to its existing regulations on insurance and reinsurance distribution and on...

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Italian insurance supervisory authority outlines future regulatory actions

In two recent official events the chairman of IVASS, the Italian insurance supervisory authority, has identified the main lines of future regulatory actions deemed necessary to address the...

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Italy: banking, pension, insurance and financial regulators consult to fight arms producers funding

The Bank of Italy, COVIP, IVASS and the Italian Ministry of Economy and Finance have jointly launched a public consultation on draft instructions for the exercise of enhanced controls on...

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IVASS consults on new ways of access and use of the Register of insurance intermediaries

IVASS has recently launched a public consultation on a document providing amendments to its Regulation no. 40/2018 in order to enable the registration of insurance intermediaries on the web ...

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Italy: rules on direct compensation for motor liability insurance extended to EU insurance companies

The Italian annual market and competition law - recently published in the Italian official Gazette - provides, among other things, for an amendment in relation to the rules on direct...

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Italy: IVASS consults to amend certain provisions regarding insurance distribution

IVASS has launched a public consultation in order to amend certain provisions of IVASS Regulation No. 40/2018 on insurance and reinsurance distribution, in particular regarding professional ...

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InsurTech: IVASS launches a survey on the use of Machine Learning algorithms by insurance companies

IVASS has launched a survey aimed at understanding the use of Machine Learning algorithms by Italian insurance undertakings and Italian branches of non-EU insurance undertakings, which are...

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