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Insurance regulators in the EU and UK have agreed 'memorandums of understanding' (MoUs) setting out how they will cooperate and exchange information with each other should the UK exit the EU without a formal withdrawal agreement. 06 Mar 2019
Making cyber insurance compulsory would help improve the way businesses respond to cyber attacks and data breaches, a cyber risk expert has said. 28 Feb 2019
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.
Plans for a temporary run-off regime, allowing UK insurers to continue to serve their Irish customers for a time-limited period after a no-deal Brexit, have been published by the Irish government. 22 Feb 2019
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