The Governance of Insurance Undertakings Corporate Law and Insurance Regulation

This open access volume of the AIDA Europe Research Series on Insurance Law and Regulation brings together contributions from authors with different legal cultures. It aims to identify the legal issues that arise from the intersection of two disciplines: insurance law and corporate/company law. These legal issues are examined mainly from the perspective of European Union (EU) law. However, there are also contributions from other legal systems, enriching the perspective with which to approach these issues.

Introduction.- Part I – The System of Governance of Insurance Undertakings.- Corporate Governance and the so-called “Four-Eyes Principle” .- The Risk Management System, the Risk Culture, and the Duties of the Insurers' Directors.- Role and Significance of the Compliance Function in an Insurance Undertaking.- Insurance Outsourcing: A Legal Analysis.- Remuneration Policies of Insurance Undertakings in Europe: Principles for a deeply Heterogeneus Reality.- Corporate Governance Standards for Insurers in Singapore.- Part II – Insurance Business and Corporate Law.- Recovery and Resolution of Insurance Companies and Director’s Duties.- Restructuring, Winding-Up & Portfolio Transfer of Insurance Companies in Distress.- Insurance in M&A Transactions.- The Algorithmic Future of Insurance Supervision in the EU: A Reality Check.- Financial Reporting in Insurance and International Financial Reporting Standards.- Recent Directions in the Regulation of Insurance Claims Handling in the United Kingdom and Australia: A Model for other Jurisdictions to Consider?.- Business Registration Data as the Best Vehicle to Achieve KYC and AML for Business .- The Influence of Public and Corporate Insurance Law on the Application of Private International Law. Selected Issues.

Pierpaolo Marano, Catholic University of the Sacred Heart, Department of Legal Studies, Milan, Italy
Kyriaki Noussia, University of Exeter, Law School, United Kingdom