Life insurers have created insurance products that meet the evolving needs of policyholders.
Unit-linked life insurance, and especially those products offered by insurance companies in Luxembourg, can be valuable tools for wealth planning and financial security. Part of the Luxembourg financial services Toolbox and offering a combination of life insurance coverage and investment options, they allow policyholders to protect their loved ones, grow assets over time and pass on wealth, all while preserving efficiency across borders.
In an increasingly demanding regulatory context, this book allows the reader to become familiar with topics such as obtaining a license to carry on an insurance activity, the distribution of insurance products, outsourcing and professional secrecy, the protection of personal data, and the fight against money laundering and terrorist financing.
The authors explain, with reference to a selection of countries - Luxembourg, France, Belgium, Italy, Portugal and the UK - how, from the Grand Duchy of Luxembourg, life insurers have created insurance products that meet the evolving needs of policyholders and ensure compatibility and efficiency in light of the technical requirements of each of the jurisdictions where policyholders and their families reside. Luxembourg rules grant policyholders optimal flexibility, certainty and legal security in the field of wealth planning and this has long contributed to the success of Luxembourg insurance in Europe and beyond.
David De Cubber (sous la coord.)
David De Cubber is a lawyer in the Grand Duchy of Luxembourg and specialises in insurance and reinsurance and more generally on all legal, regulatory and contractual matters pertaining to insurance and banking industries on a local and cross-border basis. He has considerable experience in regulatory files aimed at obtaining an insurance/intermediaries licence in Luxembourg.
He also has a extensive experience in the drafting and review of insurance, life insurance and wealth management products, as well as agreements with intermediaries and private clients. He also advises financial institutions, insurance companies, reinsurance companies and investment funds on a wide range of issues in relation to ESG, including compliance with the sustainability-related disclosures regulation in the financial services sector. David is the author of numerous articles relating to the insurance business in legal journals and books.