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Corporate Insurance and Financial Services Blog

Articles: 21-30 of 33

Insurance Companies and the Modern Slavery Act

United Kingdom - January 17 2017 As the new financial year is soon to arrive, companies will soon have to file their Slavery and Human Trafficking (SHT) statements. RPC has previously…

Approaches to supervising the conduct of intermediaries, IAIS paper

Global - November 21 2016 The International Association of Insurance Supervisors (IAIS) has published an application paper on approaches to supervising the conduct of…

"Refine but not replace Solvency II" declares the ABI

European Union, United Kingdom - November 21 2016 In its response to the Select Committee inquiry into the impact of Solvency II (as reported by us in September), the Association of British Insurers…

The Insurance Block Exemption: does the European Commission's report signal the beginning of the end?

European Union, United Kingdom - March 18 2016 With just over a year to go before the current Insurance Block Exemption is due to expire (its expiry date is 31 March 2017), the European Commission…

FCA finds shortcomings in the provision of premium finance in the general insurance market

United Kingdom - May 14 2015 The FCA published earlier this week its thematic review report on the provision of premium finance to retail general insurance customers. This issue…

FCA prepares for consumer rights act

United Kingdom - March 13 2015 The FCA last week removed much of its unfair contract terms guidance and a number of undertakings (mainly relating to the mortgage and investment…

Portfolio transfers in 2015 - PRA update

United Kingdom - January 23 2015 On Wednesday, the PRA set out its approach to Part VII transfers for insurance business for the rest of 2015. This is prompted by competing pressures…

Broker M&A –how far does your indemnity go?

United Kingdom - November 28 2014 A recent case in the High Court has demonstrated how a court may construe a contractual indemnity in the context of broker M&A. In 2010, Capita…

Limits on the VAT exemption for insurance intermediaries

United Kingdom - November 6 2014 A recent Tax Tribunal decision highlights the limits of the VAT exemption for supplies by an insurance intermediary. Background For insurance…

CMA brings car competition probe to conclusion

United Kingdom - September 25 2014 The Competition and Markets Authority (CMA) - the UK's leading consumer and competition authority - yesterday published measures which it expects…