Actualités et articles

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01/03/24
CAA Information Note on concept of insurance intermediary in…

On 24 January 2024, the Commissariat aux Assurances (CAA) published Informa…

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26/01/24
CAA clarifications on the notion of insurance intermediary i…

On 24 January 2024, the Commissariat aux Assurances (the “CAA”) released an…

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Plus d'actualités et d'articles

Enhanced protection for retail investors – anticipated impact on the banking, insurance and asset management i…

The EU Commission is proposing to modernise and simplify the framework for retail investment across the different sectors of the financial services in…

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Bill of law to modernise the insurance sector

On 24 March 2023, bill of law 8184 (the “Bill of Law”) was filed with the Parliament. It aims at (i) implementing Directive 2021/2118 amending Directi…

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New ML/TF risk assessment questionnaire for life insurance intermediaries

The CAA circular letter 23/3 on the harmonised quantitative money laundering and terrorist financing risk exposure assessment questionnaire addresses …

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Annual reporting of lapsed life insurance contracts

ON 17 january 2023, the commissariat aux assurances (“caa”) published circular letter 23/1 (“circular 23/1”) on the annual reporting of unclaimed insu…

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ESG in the insurance sector - CAA follow-up on inclusion of climate change risk scenarios in ORSA

On 24 January 2023, the Commissariat aux Assurances (“CAA”) published Information Note 23/2 about the inclusion of climate change risk scenarios in th…

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ESG - Approval of CSRD

On 28 November 2022, the Council of the EU formally approved the Directive amending Regulation (EU) No 537/2014, Directive 2004/109/EC, Directive 2006…

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Insurance regulatory update – New CAA Circular Letter 22/17 on notifications in case of cooperation requests b…

On 13 September 2022, the Commissariat aux Assurances (“CAA”) issuedthe Circular Letter 22/17 on notifications in case of cooperation requests by a fo…

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EIOPA calls for better value for money in credit protection insurance products and issues a warning to insurer…

On 4 October 2022, the European Insurance and Occupational Pensions Authority (“EIOPA”) published the results of a thematic review (the “Review”) on t…

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ESG In The Insurance Sector - Update On Climate Change Materiality Assessments And Climate Change Scenarios In…

The Application Guidance follows up on the Opinion on the supervision of the use of climate change risk scenarios in the ORSA (the “Opinion”) that EIO…

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CAA specifications regarding the notification regime for outsourcings of significant or critical operational a…

On 19 August 2022, the Commissariat aux Assurances (the “CAA”) published a new Circular-Letter 22/16 (the “CL”) on outsourcing of significan…

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Update on outsourcing of important or critical activities in the insurance sector

The Commissariat aux Assurances published a circular letter which clarifies the regulatory equipments that are applicable to the outsourcing of critic…

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Governance in the insurance sector - New CAA circular on the board of directors of insurance and reinsurance u…

On 29 July 2022, the Commissariat aux Assurances (“CAA”) published a new circular letter (the “22/15 Circular”) setting out regulatory requiremen…

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ESG in the insurance sector - Update on the integration of sustainability preferences under IDD

On 20 July 2022, the European Insurance and Occupational Pensions Authority (“EIOPA”) published precious guidance (Guidance on the integration of sust…

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Insurance and reinsurance intermediaries – time to assign for the Legal Entity Identifier

Update on the use of the Legal Entity Identifier (LEI) by insurance and reinsurance intermediaries and insuranc intermediaries

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he CAA calls for impact assessments and stronger vigilance as a consequence of the military aggression by Russ…

In response to the current situation in Ukraine, the Commissariat aux Assurances (the “CAA”) issued Information Note 22/5 (the “Note”) stating that it…

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Luxembourg's CAA note following the Russia/Ukraine crisis

On 10 March 2022, the Luxembourg Commissariat aux Assurances (the “CAA”) published note 22/5 (the “Note”) providing for measures to be taken…

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PRIIPs KID: another chapter in a never-ending story

Implementation timeline proposed to be set to 1 January 2023. 

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Assurance Loyer garanti et subrogation de l'assureur

Tout propriétaire d’un immeuble donné en location peut souscrire une couverture d’assurance qui permet au propriétaire-bailleur d’être indemnisé des l…

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Luxembourg legislator paves the way for the issuance of dematerialised securities using distributed ledger tec…

On 26 January 2021, a new Luxembourg law dated 22 January 2021 (the “2021 DLT Law”) entered into effect, amending the Luxembourg law of 6 April 2013 o…

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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 …

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