Asset intensive reinsurance agreements – new requirement to obtain DNB’s prior consent
As of 1 January 2025, Dutch insurers must obtain the Dutch Central Bank’s prior consent before making any amendments to, or entering into an asset-intensive reinsurance agreement that allows the reinsurer to hold assets in a third country.
How to protect your interests with insurance clauses in commercial lease agreements
Commercial leases can be long and detailed documents. Although parties typically negotiate some specific clauses, such as the lease term, the rent, the repair scheme, etc., they do not always pay enough attention to the clauses relating to insurance.
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