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Insurance Regulation

Insurance Regulation

ABI Reaction to BI Judgement by UK Supreme Court

15 January 2021 alastair walker 0

The UK Supreme Court has today delivered its verdict on the appeals heard in the business interruption insurance test case. The appeals were brought by the FCA, Hiscox Action Group and six of the eight […]

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Insurance Regulation

Lloyd’s Gets Approval on Special Purpose Vehicle

14 January 2021 alastair walker 0

Lloyd’s today announced that it has received regulatory approval from the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) to set up a new multi Insurance Special Purpose Vehicle (mISPV). The approval is […]

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Insurance Regulation

To Crypto, Or Not To Crypto, That Is The Question

11 January 2021 alastair walker 0

IE Note; It’s human nature to want a slice of the action when you see others strike it lucky using something like crypto-currency. There’s no hard work or skill involved, nobody really understands how it […]

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Insurance Regulation

Prima Solutions Builds Closer Ties With ACORD

9 January 2021 alastair walker 0

Global insurtech group and key player in insurance in Europe, North America, and Asia-Pacific, Prima Solutions, recently strengthened its partnership with ACORD, the standards-setting body for the global insurance industry, as a strategic global messaging partner. […]

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Insurance Regulation

Allianz Completes on The Sale of BRIC

7 January 2021 alastair walker 0

Allianz Insurance plc (Allianz Insurance) has completed the sale of British Reserve Insurance Company Limited (BRIC) to Marco Capital Holdings Limited, a European P&C run-off group. This agreement aligns with our strategy of simplifying our […]

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Insurance Regulation

MetLife Note on Brexit & TPR Regs

5 January 2021 alastair walker 0

A note from MetLife on the TPR and passporting; MetLife is focused on ensuring that we provide solutions and outcomes for the evolving needs of our customers and distribution partners in the United Kingdom (UK). […]

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Insurance Regulation

New EU Laws On Drones Should Lower Risk of Rogue Flights

2 January 2021 alastair walker 0

New regulations from the EU came into effect on the 1st January and the UK has effectively rubber stamped this law, which means drone operators will need to register their drones, plus their own details […]

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Insurance Regulation

Industry Reaction to Brexit Deal

28 December 2020 alastair walker 0

Although there was virtually zero mention of insurance and financial services in the new EU-UK Brexit agreement, the news has been welcomed within the insurance sector, as it clears a great deal of confusion and […]

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