Press Release: Antitrust: Commission publishes Report on functioning of Insurance Block Exemption Regulation

On 17 March 2016, the European Commission published a report focusing on the functioning of the Insurance Block Exemption Regulation, which exempted certain types of cooperation in the insurance sector from European Union antitrust rules under certain conditions.

The review of the Regulation had started with a public consultation in 2014, followed by targeted questionnaires sent to pools, customers, intermediaries’ federations and brokers, as well as mutual insurance associations. The report and staff working document presented the preliminary findings of this review.

ESO: Background Information: Antitrust: Commission consults on the functioning and future of the Insurance Block Exemption Regulation http://www.europeansources.info/record/press-release-antitrust-commission-consults-on-the-functioning-and-future-of-the-insurance-block-exemption-regulation/

---