Information and transparency in terms of environmental, social and corporate governance (ESG) criteria following the entry into application on 10 March 2021 of the main measures of the European regulation on sustainability‐related disclosures in the financial services sector

As the health crisis goes on, environmental and social concerns not only remain relevant, but are becoming ever more important. Indeed, more and more companies are turning to sustainable and responsible investments, which comply with environmental, social and corporate governance criteria (“ESG”). These criteria continue to gain importance, especially within the insurance industry. According to […]

Information et transparence en matière de critères environnementaux, sociaux et de gouvernance (ESG) : entrée en application des principales mesures du règlement européen sur la publication d’informations en matière de durabilité dans le secteur des services financiers

Alors que la crise sanitaire perdure, les préoccupations environnementales et sociales restent plus que jamais d’actualité et se renforcent. De plus en plus d’entreprises se tournent vers des investissements durables et responsables, respectueux des critères environnementaux, sociaux et de gouvernance regroupés sous l’appellation « ESG ». Ces critères ne cessent de prendre de l’importance, particulièrement pour le […]

Are fines imposed by the National Data Protection Commission for breach of data protection regulations insurable?

The Covid-19 pandemic has seen an increase of cyber-attacks. Business or personal data breaches in contravention of the GDPR can be devastating and may give rise to an investigation and to pecuniary sanctions. Given the onerous level of fines, are you protected by a cyber-risk insurance policy under Luxembourg law ? Click here to read more in English or in French  

The 7th key step: Interpreting Insurance Contracts – What do you need to know?

Insurance contracts offer different coverage, policies may include unexpected exclusions and limitations, so how should insurance policies be interpreted and how can disputes against an insurer or a company be resolved? Our lawyers assist clients by helping them interpret ambiguous contractual terms, as well as providing a clear overview of relevant contract and insurance law rules of […]

Assureurs luxembourgeois et sous-traitance : quelles évolutions ?

Alors que la pandémie de COVID-19 a amené de nombreuses entreprises à repenser dans l’urgence leur manière de travailler, la mise en place de stratégies dites de « cloud computing » a pu constituer pour certaines d’entre elles une réponse pertinente face à leurs nouveaux besoins en termes de connectivité. C’est dans ce contexte d’actualité que le […]

Dear Insurance Professionals of Luxembourg: how are you coping with the coronavirus health crisis?

Given the continuing coronavirus health crisis, you may be wondering whether you or your business are well-equipped to deal with its consequences in the long term. To assist you during this turbulent period, our lawyers have compiled five key steps to help you cope with tomorrow’s challenges, from remote underwriting of insurance contracts to cybersecurity […]

LUXEMBOURG CYBERSECURITY WEEK – 19 to 29 OCTOBER : IS YOUR IT SECURITY GOOD ENOUGH?

The fact that the current health crisis is ongoing, and that therefore teleworking continues to be encouraged, puts your company at risk of becoming victim of cyberattacks. The main goals of hackers during these cyberattacks are to gain unauthorised access to and steal confidential information or data, and to extort money from their victims.  The […]

A set of six key steps to manage your insurance contracts during the health crisis

Transposition into Luxembourg law of the European Directive on insurance distribution: what are the changes?

The law of 10 August 2018[1] has transposed the Directive (EU) 2016/97 of the European Parliament and of the Council of the European Union of 20 January 2016 on insurance distribution (the “IDD Directive”) into Luxembourg law. The law of 7 December 2015 on the insurance sector is amended again. The IDD Directive answers a […]

La transposition en droit luxembourgeois de la directive européenne sur la distribution d’assurances : quels changements ?

La loi du 10 août 2018[1] a transposé en droit luxembourgeois la directive (UE) 2016/97 du Parlement européen et du Conseil du 20 janvier 2016 sur la distribution d’assurances (ci-après « Directive DDA[2] »). La loi du 7 décembre 2015 sur le secteur des assurances s’en trouve une nouvelle fois modifiée.   La Directive DDA, ainsi transposée, […]

Les clauses suspensives dans un compromis de vente d’un bien immobilier

Le compromis de vente constitue un avant-contrat très usuel en matière de vente immobilière. Préalablement conclu à l’acte de vente signé devant notaire, il convient de ne pas mésestimer son importance dans la mesure où il s’agit d’un véritable contrat, ayant force obligatoire entre les parties (« le compromis de vente vaut vente »). En […]