Towards New Framework For Insurance And Reinsurance In Luxembourg

Mondaq Business BriefingLuxembourg Articles in EnglishInsurance (2012)

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Towards New Framework For Insurance And Reinsurance In Luxembourg

On 25 July 2012, two draft bills were filed with the Chamber of Deputies of Luxembourg. Both aim at locally implementing the "Solvency II" Directive of 2009, as amended, in line with the current target date of 1 January 2014:

Draft bill 6456 will lead to the repeal of the existing law of 6 December 1991 on the...

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