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ABI publishes consultation paper on its latest statement of best practice for critical illness cover
- Norton Rose LLP
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- United Kingdom
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- June 3 2010
Since 1999 the Association of British Insurers (ABI) has published a Statement of Best Practice for Critical Illness Cover to ensure that customers of such products can ensure that there are certain minimum standards of cover, that products are comparable across the market and to improve understanding about coverage
FSA allows more time for customers to complain to the Financial Ombudsman Service about PPI sales
- Norton Rose LLP
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- United Kingdom
- -
- June 3 2010
The FSA announced last week that it has introduced a temporary rule which will allow customers with complaints about the purchase of a payment protection insurance (PPI) product more time within which to make a complaint to the Financial Ombudsman Service (FOS
Churchill Insurance Company Ltd v Wilkinson; Evans v Equity Claims
- Norton Rose LLP
- -
- United Kingdom
- -
- May 26 2010
In Churchill v Wilkinson, W’s parents bought him a car
FSA director of insurance sector sets out regulatory priorities
- Norton Rose LLP
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- United Kingdom
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- May 26 2010
Ken Hogg, Director of the FSA's Insurance Sector team, gave a speech to the IEA's Future of Life Assurance conference last week which set out the regulator's key priorities for the regulation of life insurers
FSA speech on the regulator’s view of Solvency II
- Norton Rose LLP
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- United Kingdom
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- May 26 2010
In another speech last week, Ken Hogg set out what work firms should be concentrating on in terms of their preparations for Solvency II
Understanding Solvency II
- Norton Rose LLP
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- European Union
- -
- May 24 2010
Solvency II will radically change the supervision of insurers and reinsurers across Europe
Commissioner Barnier proposes Solvency II delay until 31 December 2012
- Norton Rose LLP
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- European Union
- -
- May 5 2010
In a speech before a public hearing on Solvency II, Commissioner for the Internal Market and Services, Michel Barnier has proposed that the implementation date for Solvency II be moved to 31 December 2012
European Commission consults on technical specifications for QIS5 and publishes draft call for advice
- Norton Rose LLP
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- European Union
- -
- April 21 2010
Participation in the QIS5 exercise is advised for all European insurers in order to test the impact of Solvency II on firms' balance sheets
IAIS publishes a guidance paper on the treatment of non-regulated entities in the supervision of insurance groups
- Norton Rose LLP
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- Global
- -
- April 21 2010
The International Association of Insurance Supervisors (IAIS) has published a guidance paper which considers the risks posed to insurance groups by non-regulated entities
CEIOPS Level 3 guidance on Solvency II: pre-application process for internal models
- Norton Rose LLP
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- European Union
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- April 15 2010
The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) has published its first Level 3 guidance for Solvency II
