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Europe Daily Bulletin No. 8167

9 March 2002
Contents Publication in full By article 29 / 31
GENERAL NEWS / (eu) eu/court of justice
Action initiated by insurance company Axa Royale Belge against practices of rival company backfire

Luxembourg, 08/03/2002 (Agence Europe) - The Court of Justice has ruled that an article of the 1992 Royal Belge is incompatible with European law. The ruling imposes that all life insurance policies must inform the policy-holder that cancellation, reduction or surrender of an existing life-insurance contract for the purposes of subscribing to another life-insurance contract is generally detrimental to the policy-holder.

The Axa Royale Belge insurance company had learnt that Georges Ochoa,...

Contents

THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION