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Insurance

Whether you are an insurer, broker, reinsurer or insured party, you face an increasingly unpredictable world. From day-to-day operational matters to strategic planning, liability and disputes resolution, policy drafting, coverage and regulatory issues, your world is changing rapidly as tougher capital and risk requirements impact your business.  Our Insurance team has a sound experience working on all kinds of insurance matters which means we understand the complexities of the Luxembourg markets.

Whether you require guidance on claims, regulation policy drafting, wider business disputes, M&A, capital raisings and restructurings, cyber liability, HR, tax, real estate or commercial issues, our multi-disciplinary specialists can help you.

With 100 specialist lawyers in 33 countries, many of which have worked in the insurance sector, we are attuned to your commercial interests and can protect them not only in Luxembourg but also across borders. Our approach is based on strong local legal knowledge delivered to you on a worldwide basis by experts who truly understand the insurance sector.

We have a recognised domestic and cross-border track record of delivering for clients on the most complex transactional and advisory engagements in this sector. Equally, in the event of a domestic or cross-border insurance or reinsurance dispute, our Insurance team in collaboration with our litigation department can guide you through the disputes process, striving to secure the best business outcome.

"The team has detailed technical knowledge of insurance-related legal matters and regulatory requirements. It always endeavours to provide solutions that are tailor-made to our business and its size brings a welcomed personal touch."

Legal500, 2022

"This is a capable and efficient team with great knowledge of the local legal requirements in respect of drafting insurance policy conditions."

Legal500, 2022

"The team has detailed technical knowledge of regulatory requirements which they apply in a highly commercial way."

Legal500, 2021

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13/02/2024
EU legislative initiatives on recovery and resolution planning for insurance...
With the compromise proposal for an Insurance Recovery and Resolution Directive (IRRD) published by the EU Council in January 2024, EU legislative initiatives to establish a recovery and resolution framework...
06/12/2023
EU publishes Directive on distance financial services contracts in Official...
In November 2023, the EU legislator adopted the new Directive regarding financial services contracts concluded at distance.This Directive essentially aims to modernise the existing legal framework governing...
13/09/2023
Turning the Corner? CMS European M&A Outlook 2024
We are pleased to share with you the 2024 edition of the European M&A Outlook, published by CMS in association with Mergermarket.
10/07/2023
Teleworking and use of electronic signature in the insurance sector
On 13 June 2023, the Commissariat aux Assurances (the "CAA") published Circular Letter 23/10 on the teleworking of executives, key functions and other control functions and the use of electronic signature...
19/05/2023
Insurance law and regulation in Luxembourg
1. Introduction Luxembourg’s insurance market developed in the 1990s. Since then, Luxembourg authorities have created a prosperous environment that has contributed to the growth of the Luxembourg financial...
10/05/2023
At last: invalidity and revocation actions now available before TM offices...
One of the most significant innovations introduced by the EU Trade Mark Directive 2015/2436 (the so-called trade mark reform package) was the requirement for all EU countries to implement – where not...
18/04/2023
CMS advises Alder on the merger between r2pTracking ApS and SkyCom
SkyCom, the leading telematics specialist in Luxembourg, has announced its merger with Danish counterpart r2pTracking ApS, one of the leading telematics solution providers for road vehicles in Denmark...
04/04/2023
European Commission amends Article 102 TFEU guidance paper and announces...
In 2008, the Commission adopted its Guidance on the Commission`s enforcement priorities in applying Article 82 of the EC Treaty (now Article 102 TFEU) to abusive exclusionary conduct by dominant undertakings...
28/03/2023
European Parliament and Council ready to start negotiations on EU Data...
In February 2022 the European Commission presented its proposal for the EU Data Act, which – if adopted - will introduce a far-reaching legal regime on access to and use of non-personal data in the...
20/03/2023
Out with the old, in with the new? Considerations for patentees in opting...
So far in this series of blog posts, we began with an article that highlighted some of the key changes between the current European system of patent prosecution and enforcement and the new Unitary Patent...
16/03/2023
Merger control review below filing thresholds – the ECJ Towercast judgment...
On 16 March 2023, the ECJ decided that a M&A transaction, which was not subject to ex-ante EU merger control, can be reviewed – from an ex post perspective – as to whether the acquirer (through the...
09/03/2023
Security for costs in enforcement proceedings in Germany – The German Federal...
Pursuant to Sec. 110 of the German Civil Procedure Code (ZPO), claimants who do not have their habitual place of residence in a member state of the EU/the EEA can be ordered to provide security for the...