The Insurance Industry is increasingly influenced by European rules. Insurance companies in the twenty first century are active on the European Market as a whole, and national boundaries are less important. However, opinions differ with regard to the results obtained since the 1990's.1 A truly 'level playing field' seems to be absent; insurers and insured still face many difficulties when entering into cross-border transactions.

Awareness of the effects of the developments of the European Insu...