2 results Dutch Supreme Court clarifies rent increase clause: surcharge of 3% in addition to the agreed indexation according to the CPI is not unfair Since 2023, there has been a debate as to whether such a surcharge clause should be considered unfair within the meaning of European Directive 93/13/EEC. Case law on this issue and on the possible legal consequences has been divided. 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.
Dutch Supreme Court clarifies rent increase clause: surcharge of 3% in addition to the agreed indexation according to the CPI is not unfair Since 2023, there has been a debate as to whether such a surcharge clause should be considered unfair within the meaning of European Directive 93/13/EEC. Case law on this issue and on the possible legal consequences has been divided.
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.