Ms Margarida Lima Rego

Margarida Lima Rego

Lawyer biography

Areas & Industries
Corporate and M&A, Insurance and Pension Funds, Transports, Roadsand Rail
Professional Experience
Margarida Lima Rego joined the firm in 2002. Currently, she is of counsel to the corporate and M&A and the insurance and reinsurance, insurance mediation and pension funds teams. Margarida Lima Rego has been very active in the field of commercial contracts. She has taken part in the setting up of varied operations on behalf of domestic and foreign clients, and in the drafting and negotiation of commercial contracts, with an emphasis in insurance. As of counsel, she provides ongoing legal advice in all areas of insurance and reinsurance, insurance mediation and pension funds, playing an important role in defining the strategy to follow in insurance and reinsurance litigation. Margarida has drafted legislation in the field of insurance law in the capacity of advisor of the Portuguese Government. Margarida Lima Rego is a Professor, and currently also Vice-Dean, of NOVA Law School. She is President of the Portuguese Chapter of the International Association of Insurance Law (AIDA Portugal) and of ICC Portugal’s Commercial Law and Practice Commission.
Law Degree (University of Lisbon School of Law, 1999).
M.Jur. in European and Comparative Law (Oxford University, 2000).
M.Phil. in Contract Law (Oxford University, 2001).
Ph.D. in Private Law (Nova Law School, 2009).
Portuguese Bar Association (admitted in 2004).
Portuguese Chapter of the International Association for Insurance Law – AIDA Portugal (admitted in 2004).
Portuguese, English, German, French and Spanish.




Portugal Finlab – innovation hub for insurtech
Portugal | 06 November 2018

The Portuguese insurance regulator recently entered into an agreement with Portugal Fintech – a network focused on start-ups that connects fintech founders, investors, academics, consultants and legal advisers – to establish Portugal Finlab. From an insurance regulatory perspective, Portugal Finlab will be a useful tool to ensure an appropriate balance between innovation and consumer protection in the insurance sector.

Implementation of EU Insurance Distribution Directive
Portugal | 24 July 2018

The EU Insurance Distribution Directive (IDD), as amended, should have been transposed into national law by 1 July 2018, with the date of application of the new rules set for 1 October 2018. Although the IDD has yet to be transposed in Portugal, the government has submitted the proposed text of the new statute to Parliament for discussion.

Supreme Court clarifies late payment of insurance compensation
Portugal | 03 April 2018

When an insured event takes place, the insurer is bound to compensate the insured for the corresponding loss. However, the law is not entirely clear as to the moment when this payment should occur. Although Portuguese judicial decisions on this subject have thus far been inconsistent, a recent Supreme Court judgment appears to have shed light on the intended scope and meaning of the relevant legal provisions.

General good provisions: freedom of establishment and freedom to provide services
Portugal | 20 February 2018

The Insurance Supervisory Authority (ASF) recently published a consultation paper requesting comments on the draft regulatory norm, which sets out the general good provisions applicable to insurers acting in Portugal under the freedom of establishment or freedom to provide services. The draft sets out a number of general good provisions which would be applicable to the distribution of all types of insurance and provisions which would apply to the distribution of mandatory insurance and life insurance products.