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IVASS issues clarifications of new regulations and starts testing of mystery shopping

On 23 March IVASS published some clarifications to frequently asked questions regarding its Regulation No. 45/2020 on insurance products oversight and governance requirements and Measure...


Brexit: Italian measures for UK insurers after the end of the transition period

On 31 December 2020, Law Decree No. 183 of 31 December 2020 introducing, among others, specific provisions addressed to UK insurance undertakings in relation to their business and...


New rules on portfolio transfers of insurance and reinsurance undertakings

IVASS published a public consultation in order to amend its Regulation no. 14 of 18 February 2008 ruling - among others - the authorization procedure applicable to insurance portfolio...


New rules on IBIPs, POG, motor car insurance and complaints’ handling: IVASS and CONSOB complete the implementation of the Insurance Distribution Directive in Italy

Following three public consultations launched on 23 September 2019, IVASS and CONSOB completed the implementation in Italy of (EU) Directive 2016/97 on insurance distribution...


IVASS publishes its annual report on the supervisory activity carried out in 2019

On 18 June 2020, the Italian Insurance Regulator (IVASS) published its annual report on the supervisory activity carried out in 2019. The Chairman of IVASS Mr. Daniele Franco in his...


Insurance products combined with loans: latest guidelines from IVASS and the Bank of Italy

On 17 March 2020, IVASS and the Bank of Italy issued a joint communication regarding the cross-selling of insurance products and financing (the "Communication") to be delivered to ...


COVID-19: Italy expands the scope of the Golden Power to the insurance sector

Among the measures taken to face the emergency arising from COVID-19, the Italian Government adopted Law Decree No. 23 of 8 April 2020 (the so-called “Liquidity Decree”) which...


Financial guarantees: Italian Authorities' recommendations for public entities and other beneficiaries
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On 28 May 2020, IVASS, the Bank of Italy, ANAC and AGCM published a joint communication providing a set of recommendations that public entities should take into account in order to reduce...


COVID-19: Italy approves new measures impacting the insurance sector

The Italian Government has recently adopted Law-Decree No. 34 of 19 May 2020 introducing urgent measures in the areas of health care, support for work and the economy, as well as social...

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