{"id":"sanctions/caa-2025-07-08-barents-reinsurance-s-a","title":"CAA fine on BARENTS REINSURANCE S.A., 8 July 2025","type":"sanction","date":"2025-07-08","authority":"CAA","amount":"250000","html":"<p>On 8 July 2025 the Commissariat aux Assurances (CAA) imposed an administrative fine of EUR 250,000 on BARENTS REINSURANCE S.A. (Reinsurance). The decision was published on 8 August 2025. The CAA describes the infringement as: Infringement to the Law of 7 December 2015 on the insurance sector, as amended, and its implementing regulations.</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><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/Sanction_administrative_20250808.pdf\" target=\"_blank\" rel=\"noreferrer\">decision PDF</a>. Source: Commissariat aux Assurances (CAA), caa.lu.</p>"}