{"id":"sanctions/caa-2024-11-11-anon-non-life-insurance-reinsurance","title":"CAA fine on a reinsurance undertakings / Insurance Groups / PSA, 11 November 2024","type":"sanction","date":"2024-11-11","authority":"CAA","amount":"2000","html":"<p>On 11 November 2024 the Commissariat aux Assurances (CAA) imposed administrative fines of EUR 2,000, EUR 6,000, EUR 8,000, EUR 20,000 and EUR 28,000 on a reinsurance undertakings / Insurance Groups / PSA. The CAA describes the infringement as: Please consult the pdf document.</p>\n<p>Legal basis: <a href=\"/lhoft?page=laws%2F2015-12-07-n1\" class=\"wikiLink\" data-target=\"laws/2015-12-07-n1\">Law of 7 December 2015 on the insurance sector</a>.</p>\n<p>Relevant for: Non-life insurance / Reinsurance.</p>\n<p><a href=\"https://www.caa.lu/en/consumers/sanctions-and-other-administrative-measures\" target=\"_blank\" rel=\"noreferrer\">Sanctions table</a>, <a href=\"https://www.caa.lu/uploads/documents/files/Sanctions_administratives_2023.pdf\" target=\"_blank\" rel=\"noreferrer\">decision PDF</a>. Source: Commissariat aux Assurances (CAA), caa.lu.</p>"}