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Europe Daily Bulletin No. 8079

26 October 2001
Contents Publication in full By article 15 / 41
GENERAL NEWS / (eu) eu/insurance
Reasoned opinion sent to belgium and Finland on no-claims bonuses for car insurance

Brussels, 25/10/2001 (Agence Europe) - The European Commission has sent Belgium and Finland a reasoned opinion for failing to comply with the third non-life insurance directive. It criticises them for imposing a compulsory no-claims bonus scheme for third-party car insurance that contravenes the freedom to set tariffs as outlined in the directive. Commissioner Frits Bolkestein said in a press release that it was not a matter of wanting to scrap the no-claims bonus scheme that distinguishes...

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