IUA Circular 070/19

World Trade Organisation rules and Insurance/Reinsurance


with Gary Horlick, A leading international trade law practitioner



Event Date:   Friday 01 November 2019

Time:  16.00 - 17.30 hrs

Venue:  ACORD Conference Room, 8th Floor, 1 Minster Court, Mincing Lane, London EC3R 7AA

Subject:  Following the Brexit deadline on 31/10/19, this market briefing will describe the core rules of the WTO’s General Agreement on Trade in Services which apply to insurance/reinsurance as well as to other service sectors in all 164 WTO member countries and territories and the likely future international rules, including in Free Trade Agreements.

Contact:  Deborah Finch, IUA Events Manager (020 7617 4451)


This is a free event, but names and email addresses of all attendees are required for registration.  Please click here to register.

Please note that ID will be required upon arrival at the building.


The UK is due to leave the European Union at 23:00 GMT on 31st October 2019, while UK and EU negotiating teams continue to meet in efforts to reach a deal. This represents a culmination of over three years of negotiations, during which IUA members have been preparing diligently for a change in trading relationships and the potential loss of financial services passporting rights.

New insurance entities have been established across Europe in order to continue providing services and some of these began writing new business in advance of the 31st October deadline. World Trade Organization (WTO) and the General Agreement on Trade in Services (GATS) have been regularly mentioned in connection with  a no-deal Brexit. However, there still remain some questions about how these rules will apply to insurance/reinsurance.

Following demand from members, we have arranged for a market briefing on the WTO rules and GATS as they apply to insurance/reinsurance. Our speaker, Mr Gary Horlick,  will describe the core rules of the WTO’s General Agreement on Trade in Services which apply to insurance/reinsurance as well as to other service sectors in all 164 WTO member countries and territories; the complex methodology for ascertaining which rules apply to insurance/reinsurance; the relative lack of disputes; and the likely future international rules, including in Free Trade Agreements.

Our Speaker:

Gary Horlick is a leading international trade law practitioner. He represents large businesses and business groups and has advised more than 20 national governments on trade matters, including the Governments of the United Kingdom, the United States and the European Union. He has litigated before WTO, GATT, NAFTA and other dispute settlement tribunals (including the largest services case under the WTO services agreement), and has chaired three WTO dispute tribunals. He is a graduate of Dartmouth, Cambridge, and Yale Law School.

As a member of the CPD (Continuing Personal or Professional Development) Certification Service the IUA is committed to providing high quality training activities. Our market briefing events are certified as being suitable for CPD purposes. To obtain a self assessment form for any particular event please email Deborah Finch. These forms will be issued after each individual event upon request.

For events held in the conference rooms at Balls Bros., Minster Pavement, America Square Conference Centre, Grange Hotel or Baltic Exchange you will not require an entrance pass but we will require a note of your attendance for room capacity and catering requirements.