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UK insurance company Hiscox plans to set up a new European subsidiary in Luxembourg in response to Brexit. 11 May 2017
The Financial Conduct Authority (FCA) has outlined the changes to be made to its rules and guidance in respect of disclosure requirements for packaged retail and insurance-based investment products (PRIIPs), ahead of new EU regulations, which come into force... 03 May 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.
LEGAL UPDATE: Firms selling insurance-based investment products (IBIPs) will have to provide suitability and appropriateness assessments to more customers under rules proposed by the European Insurance and Occupational Pensions Authority (EIOPA). 06 Apr 2017
LEGAL UPDATE: Manufacturers of insurance products will be subject to stricter product oversight and governance arrangements aimed at preventing or mitigating customer harm under new proposals from the European Insurance and Occupational Pensions Authority... 30 Mar 2017
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