This latest issue of our legal update continues to expand our coverage of key legislative and judicial developments in Continental Europe. A variety of developments in insurance legislation are charted in this latest issue, from the introduction of mandatory self-insured deductibles in D&O liability insurance in Germany to the introduction of rights of direct access against liability insurers in Switzerland.
Once again, we benefit from the proximity of lawyers based in Belgium and the Netherlands to the European Union Commission’s legislating bodies. Of particular interest in this issue are the findings of the Rome II study on compensation of cross-border victims of accidents in the EU, which have highlighted the continuing wide variations of compensation levels and claims limitation periods applicable in different EU countries. These findings are likely to have a significant impact on the final content of the 6th EU Motor Liability Insurance Directive.