1 Source ANIA – L’assicurazione italiana nel , page , with some companies as anticipated by the related CCNL (National. CCNL: the National Collective Labour Contracts stipulated by ANIA and the trade union associations most . /, by Law 69/ and by. Symbol, CCNL1, contributors: mct/pgu – updated: cyclin L ania-6a. cyclin L gamma. Synonym symbol(s), BM, CCNL, PRO, ania-6a.
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The Transport Finance Law Review Edition 4 Editor Harry Theochari Norton Rose Fulbright The Transport Finance Law Review is intended to provide the industry with a guide to transport finance today, in each of the key jurisdictions globally in which aircraft, rolling stock and ships are financed.
Associazione Nazionale fra le Imprese Assicuratrici (ANIA)
snia ANIA, the Italian insurance association, was established in The Banking Litigation Law Review. A lack of notice or late notice does not permit the insurer to deny liability unless prejudice has been suffered, and in this case the anis shall be proportional to reflect the prejudice suffered. This trend will continue throughout because interest rates are at their lowest point in decades.
Alternative dispute resolution clauses, apart from contractual expertise clauses, do not feature in Italian insurance contracts. According to Italian law, not even the policyholder can act unless expressly delegated to do so in the policy or by a proxy of the insured.
Despite this positive environment, the negative trend of motor premiums may negatively influence the whole non-life sector. Qnia, it is important to mention the IVASS circular letter to the market of 5 November concerning the long-term property insurance reintroduced by Law No. In Italian litigation, costs follow the event; therefore, the losing party shall bear on top of its own costs the successful party’s costs and court costs, including the cost of expertise, the court duties and the register tax on the judgment.
Mergers and transfers of insurance portfolios that involve insurance companies operating in Italy ccml subject to IVASS’s prior agreement, but if the merger may result in the company having a position of market dominance, the Italian Antitrust Authority might also have to give its preliminary ccnnl. The Private Equity Review.
However, Italian insurers are worried about a potential increase in claims frequency connected with the economic recovery, given the persistent reduction of average premium levels in both and The Franchise Law Review. The Government Procurement Review. The conclusion of the contract is a complex succession of events where the prospective insured will propose a risk, usually by completing a proposal form prepared by the insurer, who will evaluate the risk and quote the premium.
More precisely, under the Italian legislation, the admitted insurers should meet the existing requirements for authorisation, and have the minimal share capital or guarantee fund fully paid up in cash.
The International Arbitration Review. Among the principal duties of the Italian regulator is the supervision of insurance intermediaries, which to operate legitimately must be listed on anja Sole Register of Insurance and Reinsurance Intermediaries RUI. Having implemented a new regulation concerning its organisational structure, IVASS became quite active.
Init is expected that the Italian economy cncl further benefit from the improvement of the general economic climate, despite the ever-present political uncertainties. In particular, Article of the Insurance Code obliges IVASS to ensure compliance with the principles of clarity, recognition, transparency and fairness of advertising and information on the conformity of the insurance contract with the advertising and in the pre-contract negotiations with the information notice and the execution of the insurance contract policy znia.
InIVASS issued the very first set of rules for the management of insurance services offered online. Such insurance is provided through the National Federation of the Hunters; and b the obligation to pay a small premium to the Italian Gas Committee for the policy it annually draws up against the risks arising from the use or abuse of the gas distributed via networks or pipelines by the different national public utilities companies regardless of whether they are publicly or privately owned.
Here, too, the costs of the procedure are usually high and reflect the work done in the loss-adjustment process. New insurance and reinsurance companies that wish to undertake or start a new business in Italy can do so only after being authorised or licensed by IVASS through an order if the undertaking has its head office in Italyor by an acknowledgement of the formal communication made by the company along with confirmation of the supervisory authority of the state where the company has its registered office.
The Dispute Resolution Review. In addition, there are terms that are considered legal but onerous for the party against which these are drafted.
On Arbitration Articles — There are no notes attached to this organisation. One independent expert is appointed by the court and one by each of the parties, and the court-appointed expert will lodge a written report to which the parties have a right of reply.
After that the discovery phase opens and the parties will have:. In brief, premiums are not subject to value added tax but to an insurance tax that varies for each class of insurance in accordance with the fixed percentage set forth by Law No.
Associazione Nazionale fra le Imprese Assicuratrici (ANIA) | LobbyFacts Database
A basic familiarity with international product liability is essential to doing business in this environment. In fact, with interlocutory order No. Then, IVASS provided for imposed administrative fines and the application of disciplinary sanctions in respect of insurance and reinsurance intermediaries and the rules of functioning for the Guarantee Cfnl supervising the sanction proceedings.
The Merger Control Review. Should an insurance or reinsurance company enter into serious financial difficulties, Articles to of the Private Insurance Code provide for the administrative compulsory winding up of insolvent or financially troubled insurance and reinsurance companies. Today, the prohibition is provided by Article 12 of the Private Insurance Code.
The Acquisition and Leveraged Finance Review. A recent piece of legislation 45 affecting the Italian litigation environment, and the fact that, since 1 January anka, a series of tasks previously carried out on paper and in person must now be done electronically and remotely the Electronic Civil Process should, in a short period, speed up the civil proceedings and reduce the backlogs of the Italian courts.
Lobbyists with EP accreditation: The Shipping Law Review Edition 5 Editors George EddingsAndrew Chamberlain and Rebecca Warder HFW The fifth edition of this book aims to continue to provide those involved in handling shipping disputes with an overview of the key issues relevant to multiple jurisdictions.