Modification of section 1 of article 19 of the revised text of the General Law for the Defense of Consumers and Users

The issue we are facing is of important importance for entrepreneurs and financial institutions, since, with the reform introduced, the content and effects provided for in Article 20 of the Insurance Contract Law are literally incorporated into this sector, which translates into imposing default interest on entrepreneurs and financial institutions that do not contribute to
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What does the SFC say about parametric insurance in Colombia?

By way of a recent legal opinion, the Colombian Superintendency of Finance (“SFC”) issued its views on the regulation applicable to parametric insurance in Colombia. Below is a summary of the most important legal considerations: Definition of parametric insurance Parametric insurance is characterized by indemnifying the beneficiary based on the occurrence of one or more
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Lonham Group Ltd v. Scotbeef Ltd

In Lonham Group Ltd v. Scotbeef Ltd [2025] EWCA Civ 203 (see the judgment here), the CoA considered issues of representations and warranties of information provided by the insured to the insurer. The distinction between these has become pertinent under the “new” Insurance Act 2015 (“the 2015 Act”). The case provides guidance as to what
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The Supreme Court indicates the obligation to attend the expert procedure

As lawyers specialising in Insurance Law, we have seen large claims in which, once the claim has been recognised by the insurer, there have been severe discrepancies regarding the amount of the damage. In order to avoid litigation referring only to the amount of the damage, the LCS has provided for a procedure in its
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Photos II: 2025 Insuralex Madrid International Insurance Summit

The annual Global Insurance Summit, organised by Insuralex, has been a pivotal gathering for more than two decades (Miami, London, Chicago, New York, Dublin, Los Angeles, Munich, Bermuda, etc.) with hundreds of insurance professionals (insurance and reinsurance companies, Lloyd’s syndicates, insurance and reinsurance brokers as well as captives and self-insured companies and Insuralex´s members from
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Photos I: 2025 Insuralex Madrid International Insurance Summit

The annual Global Insurance Summit, organised by Insuralex, has been a pivotal gathering for more than two decades (Miami, London, Chicago, New York, Dublin, Los Angeles, Munich, Bermuda, etc.) with hundreds of insurance professionals (insurance and reinsurance companies, Lloyd’s syndicates, insurance and reinsurance brokers as well as captives and self-insured companies and Insuralex´s members from
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Laura Manz elected President of Insuralex

Insuralex is pleased to announce that Laura Manz, Insuralex´s exclusive member in Switzerland (Kellerhals Carrard) has been elected President of Insuralex during its annual meeting held in Madrid. Laura Manz has extensive experience of advising major players in the local and international insurance sector on handling national and cross-border insurance claims, as well as advising on
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2025 Latin America Reinsurance Playbook: Key Regulatory Benchmarks for Market Access

Expanding your reinsurance operations into Latin America is a highly attractive opportunity. To support your market entry, this report provides a detailed comparison of the registration, licensing, and reporting requirements applicable to reinsurers, intermediaries, and coverholders across 19 Latin American countries. Streamline your planning with clear, actionable insights on documentation, capital requirements, and renewal cycles
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Insuralex Latin America meet the London Market 2025

Insuralex Latin America meet the London Market 2025 An important delegation of Insuralex Latin America members will visit London on June 2nd and 3rd, 2025. The objective is to present the reports prepared by Insuralex Latin America to the London insurance market, including: Insurance regulatory report in Latin America Taxation on reinsurance premiums Latin America
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Markian Malskyy elected as a new managing partner of Insuralex Ukraine (ARZINGER)

From the 1st May, 2025 Markian Malskyy becomes the new managing partner of ARZINGER (Insuralex Exclusive Member in Ukraine), replacing Timur Bondaryev, founding partner. Timur Bondaryev has held this position almost ever since the firm was founded 23 years ago and has built a strong legal brand known not only in Ukraine but also worldwide.    “It is vital for any
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