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Insurers across Europe should standardise the language they use in cyber insurance policies to build trust in those products, an EU cybersecurity agency has said. 22 Nov 2017
EU chief Brexit negotiator Michel Barnier has said that the UK's decision on whether to adopt business regulation similar to the EU's is a fundamental societal choice. 14 Nov 2017
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.
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...
Those producing or selling packaged retail investment and insurance-based investment products (PRIIPs) will have to provide key information documents (KIDs) from the end of 2016.
This guide was last updated in July 2012.
This guide was last updated on 20th December 2010. Please see our guide to developments in July 2012.
ANALYSIS: A proposed implementation period following Brexit is firmly on the political radar and would be good news for insurers, but seems unlikely to be agreed in the short term despite insurers needing to consider when to implement their contingency plans.... 31 Oct 2017
The German financial services regulator BaFin is seeking details of the contingency plans being made by UK insurance companies ahead of the UK's withdrawal from the EU. 30 Oct 2017
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