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insurance

Schoenherr's insurance team provides legal advice on transactions, distribution structures, product design, and regulatory and tax matters in the insurance industry.

"The lawyers are very thoughtful and considerate, and provide solutions."
Legal 500

 

 

Schoenherr’s insurance practice group advises many of Austria's and Europe's leading insurers on transactions in the insurance sector, as well as on distribution structures, product design, and all related regulatory and tax matters for life, non-life, and reinsurance business. We provide detailed legal analysis of all applicable insurance laws and regulations, especially regarding life, D&O and property insurance. We also advise the Austrian Insurers' Association and provide assistance with Austrian insurance legislation.

our services

  • anti-corruption (compliance programmes, guidelines, monitoring systems, etc)
  • all aspects of life insurance (including product design)
  • bancassurance
  • distribution and cooperation agreements
  • general terms and conditions
  • warranty insurance in m&a transactions
  • regulatory and compliance
  • tax, including FATCA
  • insurance m&a and insurance restructuring (including cross border mergers and outsourcing)
  • insurance-related litigation
  • portfolio transfers

legal areas

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news

newsletter

05 February 2025

poland

W.Kapica

Green Guarantees in Poland

The Export Credit Insurance Corporation (Korporacja Ubezpieczeń Kredytów Eksportowych; "KUKE") is the only export credit agency in Poland providing export insurance for trade security in high-risk markets guaranteed by the Polish State Treasury, regulated by the Polish Act of 7 July 1994 on Insurance Guaranteed by the State Treasury.

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publication

to the point: financial regulation | 01/2025

Welcome to our to the point newsletter. Every month, we are looking back at the most relevant developments in the area of financial regulation in the CEE region.

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newsletter

29 January 2025

hungary

G.Pázsitka B.Bodó

Captive insurance and its prospects in Hungary

Captive insurance has experienced significant growth globally in recent years, driven by hard market conditions, emerging risks and increased volatility. Statistics reveal a steady increase in the number of captives over the past four years, rising from 5,879 in 2020 to 6,181 by the end of 2023, according to the Captive Managers and Domiciles Rankings + Directory 2024 published by Business Insurance.[1] Captive insurance companies are also increasingly used by Forbes 1000 and Fortune 500 companies to manage complex and emerging risks.

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class action info corner

The new class action rules are coming and will have quite an impact. In many CEE jurisdictions, the possibility to request compensation in a class action will be new and will materially change the litigation landscape. Our info corner gives you an overview of how CEE countries intend to implement the Directive.

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team

our team

Meet our team of insurance law experts across CEE.

meet the team