Insurance EuropeInsurance Europe
Position Paper
EC consultation on harmonisation of limitation periods in cross-border accidents

Insurance Europe welcomes the opportunity to respond to the European Commission’s (EC) consultation on the issue of limitation/prescription periods for compensation claims of victims of cross-border road traffic accidents in the European Union.

We support the objective of assisting victims that may find their claim defeated due to the expiry of the limitation period for raising a claim for compensation. It is worth pointing out from the outset that the reality is that very few such claims exist.

As was concluded in the 2008 report commissioned by the EC as part of an earlier consultation on the issue1 “…the number of people concerned is relatively limited” and “the most appropriate solutions would be those that do not lead to overhauling the whole legal framework of Member States.”

There is, currently, no evidence available to demonstrate any need to harmonise limitation/prescription periods within the internal market.

Published 16 November 2012
Nicolas Jeanmart
Nicolas Jeanmart
Head of personal & general insurance
Thomas Gelin
Thomas Gelin
Senior policy advisor, general insurance