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LEGAL UPDATE: It will be easier for EU insurers and reinsurers to conduct reinsurance business in the US and for US businesses to do business in the EU when a bilateral agreement is signed in the coming weeks. 21 Jul 2017
Aviation insurers have developed a new model clause which will help ensure continuity of cover after the UK's exit from the European Union. 22 Jun 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.
An agreement aimed at making it easier for EU and US insurance firms to operate in each others' respective jurisdictions has been endorsed by the EU's Council of Ministers. 31 May 2017
UK insurance company Hiscox plans to set up a new European subsidiary in Luxembourg in response to Brexit. 11 May 2017
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