Insurance

BREXIT UPDATE – EEA (RE)INSURERS

The post below was first published on our Insurance blog EEA insurers and reinsurers doing business in the UK under the insurance passport must prepare for the UK’s withdrawal from the EU. We consider, in our latest “At a Glance” guide, … Continue reading

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PRA AND FCA CLARIFY IMPACT OF BREXIT TRANSITION FOR INSURANCE SECTOR

The post below was first published on our Insurance blog Recent announcements made by the PRA and FCA clarify their approach to Brexit following the European Council’s agreement to a transition period for the UK’s withdrawal from the EU. In particular, … Continue reading

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Brexit – PRA consults on approach to UK branches of incoming insurers

The post below was first published on our Insurance blog On 20 December 2017, the Treasury, PRA and FCA clarified their approach to EEA-headquartered financial services firms wishing to carry on business in the UK post-Brexit. More recent evidence to the House of Commons … Continue reading

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Brexit – EIOPA publishes opinion on cross-border legacy business

This post was originally published on our Insurance notes blog. An opinion published by EIOPA on 21 December 2017 raises concerns for UK insurers who have policyholders in EEA states other than the UK. This will include, for example, every life … Continue reading

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Implications for the insurance sector

The House of Commons Treasury Select Committee (TSC) has launched an inquiry into EU regulation of insurance.  The inquiry will allow the TSC to look at the case for retaining, losing or adapting Solvency II in a post-Brexit world.  Its Chairman, Andrew … Continue reading

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Brexit – Implications for insurance intermediaries

The post below was first published on our Insurance blog Following the UK referendum on EU membership, businesses have no alternative but to prepare for the UK’s exit from the EU. Our “at a glance” guide highlights over two pages some key … Continue reading

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Brexit – Key issues for lobbying by insurers

The post below was first published on our Insurance blog Our latest “at a glance” guide identifies, in two pages, some of the key issues insurers may want to ensure are on the negotiating team’s agenda.  It considers key issues from … Continue reading

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Brexit – Impact on EEA insurers and non-EEA headquartered groups

The post below was first published on our Insurance blog This briefing considers the position of EEA firms who wish to access the UK insurance market post-exit.  It also looks at the impact of Brexit on non-EEA headquartered groups that currently passport into … Continue reading

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Brexit – Implications for insurers

The post below was first published on our Insurance blog The UK vote to leave the EU raises novel political and legal questions which neither side of the referendum campaign appears to have considered in any meaningful way.  Nonetheless, businesses are … Continue reading

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