BLS in the new Chambers Guide Insurance and Reinsurance 2025

Philipp Scheuba on developments in insurance law

The "Global Practice Guide Insurance and Reinsurance 2025" has just been published by Chambers. The guide contains information on insurance law in around 30 jurisdictions. Philipp Scheuba, Partner at BLS Attorneys at Law, contributed the article on the Austrian legal situation.

The Network and Information Security Directive (NIS 2 Directive), which came into force on 16 January 2023, is expected to tighten regulations and expand contractual obligations in the insurance industry, particularly in the area of cyber insurance and D&O Insurance.

Member States had until 17 October 2024 to incorporate NIS2 into their national laws. The directive has not yet been implemented in Austria. It is likely that the regulations will come into force in 2025. The aim is to improve the resilience and response to security incidents within the public and private sectors across the EU.

Read the entire Austrian contribution online at Chambers:
>> Insurance & Reinsurance 2025 – Austria

The Global Practice Guides are published on a variety of legal fields by the internationally renowned Chambers and Partners. Experts explain the legal principles and current developments in their respective countries. BLS has already contributed to numerous guides and has been included in Chambers' renowned rankings several times.