Insurance and Reinsurance Newsletter: Italy - April 2014

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1. IVASS (ITALIAN INSURANCE SUPERVISORY AUTHORITY) – NEW REGULATIONS ON COMPLAINTS MANAGEMENT -

On 1 April 2014, the draft measure containing amendments to ISVAP (former Italian Insurance Supervisory Authority) regulation no. 24 dated 19 May 2008 on complaints handling was published on the IVASS website.

The accompanying report to the draft measure explains that the new provisions contained therein are necessary following the approval by EIOPA of its Guidelines on Complaints Handling by Insurance Undertakings.

Please see full newsletter below for more information.

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