Keywords
insurance brokers
unit-linked life assurance policies
capitalization operations the financial investment contract
antitrust
the liability of issuers and brokers
contractual and extra-contractual liability
How to Cite
Abstract
The purpose of this article is to reflect about the nex topics:
Financial products issued by insurance companies and banks. Exclusion of the regulation of solicitation to the public procedures envisaged in the 1998 Con- solidated Law (“T.U.F.”) providing for matters relating to financial intermedia- tion.
Partial extension of the regulation of investment services and of solicitation to the public in the 2005 Law for the protection of savings. Provisions for the obligation to inform and for rules of conduct for insurance brokers in the 2005 Insurance Code. Further extension of the regulation and the definition of the so-called insurance financial products of index and unit-linked life assurance policies and of capitalization operations in the supplemental legislative decree of 2006.
Changes in the legal nature and in the distribution features of index and unit- linked life assurance policies.
The financial investment contract. The non-essentiality of the security function in relation to the life risk and to the randomness of benefits. The legal relevance of antitrust regulations.
Changes in the regulation of the liability of issuers and brokers.
Conclusions on aspects of contractual and extra-contractual liability.
This journal is registered under a Creative Commons Attribution 4.0 International Public License. Thus, this work may be reproduced, distributed, and publicly shared in digital format, as long as the names of the authors and Pontificia Universidad Javeriana are acknowledged. Others are allowed to quote, adapt, transform, auto-archive, republish, and create based on this material, for any purpose (even commercial ones), provided the authorship is duly acknowledged, a link to the original work is provided, and it is specified if changes have been made. Pontificia Universidad Javeriana does not hold the rights of published works and the authors are solely responsible for the contents of their works; they keep the moral, intellectual, privacy, and publicity rights.
Approving the intervention of the work (review, copy-editing, translation, layout) and the following outreach, are granted through an use license and not through an assignment of rights. This means the journal and Pontificia Universidad Javeriana cannot be held responsible for any ethical malpractice by the authors. As a consequence of the protection granted by the use license, the journal is not required to publish recantations or modify information already published, unless the errata stems from the editorial management process. Publishing contents in this journal does not generate royalties for contributors.