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Flood Re, the flood insurance scheme set up by the UK government and industry to offer cheaper insurance to homeowners at risk of flooding, has reached reinsurance deals worth £2.1 billion with 38 insurance companies. 02 Feb 2016
The Financial Conduct Authority (FCA) has fined five people and three firms a total of £15.5 million, and banned four of the individuals, in relation to professional indemnity insurance and other insurance scheme failures. 02 Feb 2016
A new EU directive which will make it easier for firms to trade cross-border, create a level playing field among all participants and strengthen policyholder protection is close to final adoption.
Those producing or selling packaged retail investment and insurance-based investment products (PRIIPs) will have to produce key information documents (KIDs) as a result of planned EU legislation designed to make it easier for retail investors to compare products...
This guide was last updated in July 2012.
This guide is subject to UK law and was last updated on 26th August 2010.
This guide is based on UK law. It was last updated on 20th November 2008. From 1st April 2009, insurance intermediaries in the UK will be subject to new rules and guidance on outsourcing and managi...
This guide is based on the law of England and Wales. It was last updated on 9th December 2010.
Homeowners who fail to take steps to prevent their property from flooding could in future be excluded from the new government-backed affordable flood insurance scheme, the company's chief executive has suggested. 14 Jan 2016
FOCUS: Business and investment growth in the Gulf Cooperation Council region, alongside greater expatriate settlement, has brought growth to the insurance market as well as much-needed government attention to the need for proper regulation. 07 Jan 2016
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