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Specialty Group: Insurance Law

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Cyber Extortion Clauses

The Insurance and Pension Funds Supervisory Authority (ASF) pronounces itself on "cyber extortion" clauses in insurance products with cyber coverage, which provide for the payment of certain amounts as a "ransom" in exch ...

Reinsurance in Portugal

The Insurance and Pension Funds Supervisory Authority (ASF) approved, on 6 June 2023, Regulatory Rule no. 2/2023-R, which aims to establish the guarantees to be provided in the context of reinsurance activity in Portugal ...

Title Insurance Policies: Owner’s vs Lender’s Policies and How They Work

Do you know how title insurance can safeguard you from unexpected risks that can put your real estate ownership at stake? In a nutshell, title insurance protects against losses arising from defects in the title. Even if ...

Portugal Insurance Updates - April 2023

April 14, 2023 New Reporting Obligations Towards ASF The Insurance and Pension Funds Supervisory Authority (“ASF”), submitted two Draft Regulatory Standards for public consultation on the provision of information ...

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