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 introduces to the general issues of insurance law. It is divided into two parts. The first one provides the legal and institutional framework on the insurance and focuses its attention on the rationale of public regulation of the insurance activity. The second part is designed to provide an essential understanding of the legal concepts of the insurance contract law and focuses on the main classes of insurance policies.

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.

PREREQUISITES

Knowledge of the commercial law is required.

TEACHING METHODS

The course consists of 36 hours of lectures given in e-learning mode by the course holder on the AulaWeb platform. It is based on the European Union insurance directives and delegated regulations. Moreover, some real cases decided by the Court of Justice of the European Union will be presented. All the video and exercises materials will be made available on the University of Genoa E-learning Platform: AulaWeb.

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, preparation can be made on the materials in pdf format available on the Aulaweb page. Further information on the AulaWeb page.

TEACHERS AND EXAM BOARD

Exam Board

MICHELE SIRI (President)

SHANSHAN ZHU

ALESSIA MISTRETTA (Substitute)

THEA ROMANO' (Substitute)

LESSONS

LESSONS START

I semester from September 14th to December 4th 2020
 

Class schedule

INSURANCE LAW

EXAMS

EXAM DESCRIPTION

Short written dissertation on an assigned topic through the AulaWeb page to be discussed at the oral examination. The knowledge acquired may be further verified through an oral exam on the reading materials.

ASSESSMENT METHODS

Further information on the AulaWeb page.

Exam schedule

FURTHER INFORMATION

Up to date information on the AulaWeb page.