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What to expect before the European elections? FERMA presentation by Julien Bedhouche
What to expect from the EU
before the European elections in
FERMA – Julien Bedhouche
EU Affairs Adviser
2014 is election year for the
European Union (EU)
From 22 to 25 May, a new European Parliament (EP)
will be elected, followed by a new European
Commission (EC) for the next 5 years
3 European files
currently followed by
FERMA will know new
the next 6 months
Solvency 2 detailed
Insurance contract law
Final ELD report expected at the end of April
Based on the latest studies over the scope,
exemptions and legal aspects of the ELD
Conclusions and options for the new European
Detailed measures for Solvency 2
Implementing measures will precise how the Solvency
2 regime will be applied
Public consultations will take place from April 2014
the European Commission has specifically indicated to
the industry that only a few matters will be under
Draft delegated acts will be sent to the European
Parliament and Council in July 2014 for their approval.
Expert Group on the European
insurance contract law
Last meeting of the Expert Group on the European insurance
contract law took place on 23-24 January, publication
expected in February/ March 2014
The group concluded that large risks rarely encounter
obstacles arising from differences in contract law
Report will contain sections on liability, life and motor and will
deal with possible obstacles to cross-border insurance
provision arising from contract law
The full list of the participants to the group is available (here)
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accuracy or comprehensiveness of the details given.
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