The seventh-largest country in the world by insurance premiums, the South Korean insurance industry is highly competitive. At the end of 2020, life and non-life insurance premiums reached KRW221.9trn (approximately $95.7bn), up 4.3% from 2019. The insurance regulatory framework is a two-tiered supervisory system, with the Financial Services Commission (FSC) overseeing the insurance industry by …
Brand and reputation management is of utmost importance for any company. From a legal perspective, management of rights associated with brand and reputation entails both proactive and reactive measures. Proactive measures include all sorts of protection of intellectual assets, covering protection of IP rights such as trademarks, design and patents, and protection of IP assets …
Since the enactment of the Turkish Personal Data Protection Law No 6689 (the Law) in 2016, one of the most critical problems that in-house lawyers of both local and multinational companies face has become cross-border personal data transfers from Turkey. The government has a tendency to keep the data of Turkish residents in Turkey and, …
Continue reading “Cross-border data transfer in Turkey: will the problems end?”
India is the under-insured relative to other more developed economies and the Indian insurance market offers considerable growth opportunities. This has led to significant strategic and private equity investment in this sector in the past. Going forward, the growth story remains, but investment and M&A transactions will also be driven by certain critical regulatory issues …
Continue reading “M&A and investment in the Indian insurance market – key drivers”
The past 12 months have been unprecedented on many fronts. Insurance is an important asset that can provide protection for organisations in challenging times and now that the proverbial ‘rainy day’ has arrived, in-house lawyers need to work closely with their risk managers and the business to maximise potential recoveries under the range of policies …
Continue reading “Insurance items on the board’s agenda for 2021”
As one of the first jurisdictions to have actively encouraged, drafted and enforced regulation in the cryptocurrency sphere, Malta has in recent years, positioned itself as a leader in this sector.
The pandemic has plunged many previously healthy businesses into or close to insolvency, with serious implications for both the company itself and its commercial counterparties. In the middle of a crisis, it is easy to overlook insurance. Yet, by taking the right steps, corporates can use insurance to bring much-needed stability and liquidity.
DAC Beachcroft’s survey with The In-House Lawyer, published in the Winter 2021 edition, was undertaken to identify boardroom priorities and how the experience of Covid-19 had changed them. Digital transformation took the leading position, with 43% of respondents saying it was the highest priority pre-Covid and 46% in the prevailing ‘Covid chronic’ time. Its importance …
This guide has been prepared by Albagli Zaliasnik with the objective of providing our domestic and foreign clients – as well as the law firms worldwide that may need assistance for their clients – with a precise tool that summarises the essential aspects for the formation and development of commercial activities in Chile.
As countries and organisations are coping with increasing threats in cyberspace, the Swedish government is preparing stricter security requirements in the field of national security, in part targeting outsourcing. In this article, Henrik Nilsson and Carl Gleisner of Wesslau Söderqvist Advokatbyrå in Stockholm, Sweden summarise the changes of most concern for business partners of Swedish …
Continue reading “Stricter national security requirements to be imposed on businesses in Sweden”