North America

IVASS Management Fee

Christopher Branch
November 28, 2022

The Institute for Insurance Supervision (IVASS) in Italy has published the management charge rate for the year 2023. It set the rate for 2023 at 4.26%. The management charge reduces the taxable basis applied to the Road Accident Victims Fund (RAVF) and Hunting Accident Victims Fund (HAVF) and is published annually in November.

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Author

Christopher Branch

Christopher is a junior regulatory counsel. Based in London, he earned a Bachelor’s degree from Oxford Brookes. Having joined Sovos in 2019, Christopher worked in the registrations department before moving to the training and documentation side of the business to support both VAT and IPT lines of business.
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