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Global Insurance Blog Blog

Articles: 1-10 of 171

UK: Launch of FCA Wholesale Insurance Broker Market Study

United Kingdom - November 9 2017 The FCA has yesterday launched a market study into wholesale insurance broking practices. The FCA has published Terms of Reference for the study…

The Treasury Committee’s Report on EU Insurance Regulation - What’s next for the PRA and the UK insurance industry?

European Union, United Kingdom - November 3 2017 In September 2016, the treasury committee of the House of Commons (the Committee) launched an inquiry into EU insurance regulation and to supplement…

UK: Corporate Insurance Newsletter - October 2017

European Union, United Kingdom - November 1 2017 House of Commons Treasury Select Committee publishes a report on the Solvency II Directive and its impact on the UK insurance industry…

UK - Insurance Distribution Directive: Proposal to extend application date

European Union, United Kingdom - October 24 2017 The Insurance Distribution Directive ((EU) 2016/97, the “IDD”) came into force on 22 February 2016, and the current deadline for transposition by…

UK: FCA call for input on access to insurance

United Kingdom - June 25 2017 On 20 June 2017, the Financial Conduct Authority (“FCA“) published a Call for Input inviting firms (amongst other stakeholders) to submit their views…

UK: Government announces International Sanctions Bill

European Union, United Kingdom - June 23 2017 The UK government has set out plans in this week’s Queen’s Speech for a new International Sanctions Bill (the “Bill“) that aims to ensure that the UK…

UK: Government sets out in the Queen’s Speech measures for protecting insurance customers

United Kingdom - June 21 2017 The government has today set out the details of its legislative programme for the next two years in the Queen’s Speech. One of the issues to be…

Latest developments of Italian case law for index-linked and unit-linked policies

Italy - June 15 2017 The classification of index and unit linked policies as insurance or financial products continues to be debated in Italy, notwithstanding the Supreme…

Corporate Insurance Newsletter - May 2017

United Kingdom - June 9 2017 On 26 May 2017, the Financial Conduct Authority (FCA) published a policy statement, PS17/12, which sets out its response to the feedback received to…

Insurers to benefit from mutual solvency recognition between Mainland China and Hong Kong

China, Hong Kong - June 6 2017 On 16 May 2017 the CIRC and the Hong Kong Office of the Commissioner of Insurance (“OCI“) entered into a framework agreement aimed at mutual…