September 28th, 2009

Continental European Legal Update: Introduction

Posted at 1:00 AM ET

recentlegislationDavid Lewin, Managing Director

Recent Legislative and Judicial Developments in Continental Europe Affecting the Casualty Insurance Industry is the latest installment in Guy Carpenter & Company, Ltd’s (”Guy Carpenter’s”) legislative update series, designed to provide our international clients and markets with a concise overview of key trends in the Continental European legal environment. These issues have had an impact on casualty insurers and reinsurers or are expected to have an effect in the near future.

In developing this report, Guy Carpenter has continued its valued cooperation with the insurance practice of law firm Heuking Kühn Lüer Wojtek and its network of legal experts, acknowledged as leading insurance law practitioners in their respective jurisdictions across Continental Europe. The objective has been, as in previous reports in this series, to focus on the legislative or judicial developments that we consider to be of greatest impact in each selected country. It has not been our goal to produce an exhaustive review of the entire scope of legislative changes and judicial rulings of the past year in Continental Europe, but rather to highlight the main developments that we and our legal colleagues perceive as being worthy of attention, and where necessary, further in-depth study.

In this latest series of short reports, we include for the first time Austria and Norway and provide a brief introductory overview of the Norwegian legal system. As our legal colleagues in Heuking Kühn Lüer Wojtek continue to expand their network, we hope to include other Continental European jurisdictions in future issues. The remaining reports highlight the principal legislative and judicial developments that have emerged since our last issue, during the period June 2009 to September 2009.

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