Commentary on the latest developments in the insurance industry at your finger tips, whether it's consolidation in the market, new legislation or landmark court decisions.
Articles: 1-10 of 33
Law passed to regulate Significant Investments in Singapore Entities
Singapore - January 12 2024 The Significant Investments Review Bill (the "Bill") was recently passed by Parliament on 9 January 2024, and is expected to take effect in the first…
Consumer duty and claims handling - beware of sludge practices
United Kingdom - May 10 2023 The Consumer Duty is a new regulatory framework developed by the Financial Conduct Authority (FCA) aimed at creating a higher standard of consumer…
PRA and FCA joint forum publishes guidance to all firms on climate-related financial risks
United Kingdom - June 30 2020 On 29 June 2020, the Climate Financial Risk Forum (CFRF) published a guide providing practical recommendations to firms of all sizes on the financial…
FCA issues Final Report in the Wholesale Insurance Broker Market Study
United Kingdom - February 20 2019 Today, the FCA released its Final Report in its Wholesale Insurance Broker Market Study…
The W&I tool in M&A
United Kingdom - August 20 2018 The use of warranty and indemnity (W&I) insurance has rapidly increased over the past few years, becoming a strategic tool in the toolbox of any M&A…
Part VII insurance business transfers - FCA's finalised guidance
United Kingdom - May 30 2018 The FCA published finalised guidance on its approach to reviewing insurance business transfer schemes under Part VII of the Financial Services and…
Scope of duty narrows for accountants
United Kingdom - May 30 2018 The recent decision in Manchester Building Society v Grant Thornton UK LLP is likely to provide some considerable comfort for accountants and their…
Asia Insurance Bulletin 2018
Asia-Pacific, Singapore, United Kingdom - April 23 2018 The English Court of Appeal has clarified a number of key features of Letters of Credit, including the “autonomy principle” and the scope of the fraud…
Government announces new office for product safety and standards
United Kingdom - February 1 2018 On 21 January 2018, the Government announced the creation of the Office for Product Safety and Standards (OPSS), a new national oversight body tasked…
The FCA turns its attention to the wholesale insurance sector
United Kingdom - November 13 2017 After indicating its intention to conduct a wholesale insurance market study in its 2017/18 Business Plan, the FCA has now announced the launch of its…
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