EU Insurance Webinar - The New Insurance Block Exemption Regulation

On 24 March 2010, the European Commission adopted the new insurance block exemption regulation (“BER”). To learn more about the new exemption regime, please click here to read Steptoe's advisory, and register for our complimentary webcast on 12 April 2010.

Join Steptoe’s complimentary EU Insurance and Competition Webinar, featuring:

• Eithne McCarthy and Laura Stefanescu, from the European Commission, DG Competition, Financial Services Unit
• Guy Soussan and Yves Botteman, from the Brussels office of Steptoe & Johnson LLP

The speakers will discuss the scope and implications of the new rules for (re)insurers, insurance buyers and brokers, and in particular:

• Whether the new rules affect information sharing on the average cost of risks
• How (re)insurance pools will be exempt under the new rules
• Which forms of cooperation are not automatically exempt and subject to self-assessment under general EU competition rules

A brief update on the Business Insurance Sector Inquiry will also be provided, focusing on:

• Transparency of brokers’ remuneration
• Premium alignment by follower(s) in ad hoc co-(re)insurance arrangements

For more information, please visit our resource centre, or please e-mail events@steptoe.com.