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The European Insurance and Occupational Pensions Authority (EIOPA) has published recommendations for national EU insurance regulators, aimed at minimising disruption to policyholders should the UK leave the EU without a withdrawal agreement. 21 Feb 2019
The Financial Conduct Authority (FCA) has published its final report on the UK wholesale insurance broker market, finding no need for intrusive market intervention. 21 Feb 2019
The Senior Managers and Certification Regime (SMCR), which is designed to make individuals at financial firms more accountable, will apply to insurers from 10 December 2018.
This guide was updated in December2017
The EU's Solvency II Directive came into force on 1 January 2016. The directive consolidates and harmonises existing EU insurance directives including life and non-life directives, the reinsurance directive and various others.
The Insurance Distribution Directive makes it easier for firms to trade cross-border, create a level playing field among all participants and strengthen policyholder protection.
The 2015 Insurance Act (2015 Act) applies to all commercial contracts of insurance, and variations to existing contracts of insurance, from 12 August 2016 and introduces what the UK government has described as “the biggest reform to insurance contract...
New rules will apply when insurers outsource "critical or important operation functions or activities" once the Solvency II regulatory regime comes into force on 1 January 2016. This short guide will provide a brief overview of the requirements, as well as...
Industry bodies are calling on the EU to extend temporary information disclosure requirements for multi-option products so that firms will not be over-burdened with additional data requirements after December 2019. 19 Feb 2019
Drivers in Northern Ireland are receiving conflicting advice about the preparations they need to take to ensure that they can continue to drive in the Republic of Ireland with valid insurance should the UK leave the EU without a formal deal in place. 15 Feb 2019