OVERVIEW

This course introduces to the EU insurance law.

The course is a good match with EU Financial Markets Law and it is a starting point to approach the advanced course, thought in English, on European Union Financial and Insurance Markets.

Together these courses establish up the Jean Monnet Chair on the EU Financial and Insurance Markets Regulation, assigned to professor Michele Siri to develop teaching and research activities on European legislation applicable to financial and insurance services.

AIMS AND CONTENT

LEARNING OUTCOMES

This course aims at providing students with the legal foundations of the multilevel-system governing the insurance sector at EU and national level. 

AIMS AND LEARNING OUTCOMES

While particular emphasis will be placed on the role of the EU in the setting up of the legal framework for the insurance sector, the lectures will also cover the role of the national legislation with particular focus on the insured protection.

TEACHING METHODS

The course consists of 36 hours of lectures given by the course holder. It is based on the European Union insurance directives and delegated regulations. Moreover some real cases decided by the the Court of Justice of the European Union will be presented and students will be required to actively participate to the discussion. Teaching materials will be made available on the University of Genoa E-learning Platform: AulaWeb.

Classroom lessons during the first semester and E-learning course available only on AulaWeb during the second semester. Video and on line written exercises. Language: Italian.

Students are invited to log in at the AulaWeb page to attend the lectures and the related scheduled activities.

SYLLABUS/CONTENT

1. Sources of the EU Insurance regulation
2. Risk management and supervision of insurance companies (Solvency 2)
3. EU S2 Governance and risk management requirements
4. The new EU legal framework on insurance distribution
5. Insured protection and the product oversight governance
6. European directive on Winding-up procedure for insurance companies
7. European review of insurance guarantee schemes
8. EU Motor insurance directive
9. EU rules governing the activities and supervision of institutions for occupational retirement provision
10. The proposal to establish an EU single market in personal pensions

RECOMMENDED READING/BIBLIOGRAPHY

For regularly and non-regularly attending students: Donati - Volpi Putzolu, Private Insurance Law, Giuffrè Editore, Milan, XI Edition, 2016, Chapters I-XXIX, pp.1-251.

Alternatively, only for students attending lectures on the special syllabus integrated with Diritto del mercato finanziario - Financial Markets Law and EUFIMAR – European Union Financial and Insurance Markets Regulation, preparation can be made on the materials in pdf format available on the Aulaweb page.

Updated information on the AulaWeb page.

TEACHERS AND EXAM BOARD

Exam Board

MICHELE SIRI (President)

MATTEO BET

ALESSANDRA TOSA

LESSONS

LESSONS START

I semester from September, 18th to December, 7th 2017 (12 weeks).

Updated information on the AulaWeb page.

Class schedule

EU INSURANCE LAW

EXAMS

EXAM DESCRIPTION

For regularly and non-regularly attending students the verification of the knowledge acquired on the default syllabus shall be performed in Italian through a written test based on open questions.

For students attending lectures on the special syllabus integrated with Diritto del mercato finanziario - Financial Markets Law and EUFIMAR – European Union Financial and Insurance Markets Regulation the verification of the knowledge acquired shall be performed in Italian or in English through an oral exam on the reading materials available on the AulaWeb course page.

Updated information on the AulaWeb page.

ASSESSMENT METHODS

Updated information on the AulaWeb page.

Exam schedule

FURTHER INFORMATION

Updated information on the AulaWeb page.