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Chronicle.lu

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Ottavio Covolo , Garance Diacono , Christophe Buschmann , Vincent Wellens , Dutilh Avocats Luxembourg , Sofitel Luxembourg Europe , Digital Operational Resilience Act , Fort Niedergruenewald , Nautadutilh Avocats ,

British Chamber to Address Post-COVID Insurance Industry

British Chamber to Address Post-COVID Insurance Industry
chronicle.lu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chronicle.lu Daily Mail and Mail on Sunday newspapers.

United Kingdom , Antoine Laniez , Transre Europe , Jonathan Hewitt , Matt Moran , British Chamber , Insurance Industry , Nautadutilh Avocats , ஒன்றுபட்டது கிஂக்டம் , ஜொனாதன் ஹெவிட் , மேட் மோரன் , பிரிட்டிஷ் அறை , காப்பீடு தொழில் ,

Amendment to Insurance Contract Act in relation to Brexit


The Act of 19 December 2020(1) implementing the Budget Act 2021 introduced into the Insurance Contract Act(2) a new provision to secure the outcome of insurance policies underwritten by UK insurers post-Brexit.
By amending Article 2 of the act,(3) the legislature relieved any doubt as to the validity of insurance contracts in the event that:
an EEA or third-country insurance undertaking loses its approval to carry out direct insurance operations in Luxembourg while retaining its authorisation in its home state; and
a contract has been validly issued or renewed by an undertaking authorised to work in Luxembourg under the freedom of establishment or the freedom to provide services at the time of issue or renewal of the contract. ....

United Kingdom , Nautadutilh Avocats , Insurance Commission , Budget Act , Insurance Contract Act , United Kingdom Based , United Kingdom Authorised , Miryam Lassalle , Nautadutilh Avocats Luxembourg , Brexit Bill , ஒன்றுபட்டது கிஂக்டம் , காப்பீடு தரகு , பட்ஜெட் நாடகம் , காப்பீடு ஒப்பந்த நாடகம் , ஒன்றுபட்டது கிஂக்டம் அடிப்படையிலானது , ஒன்றுபட்டது கிஂக்டம் அங்கீகாரம் பெற்றது , மிறியம் லஸ்ஸல்லே ,