The regulatory framework for consumer insurance products continues to be reformed. Lloyd’s proposes changes to the coverholder approval process.
November 14, 2013
The PRA has taken the next step in the Solvency II process by consulting on how it will be assessing firms’ preparations for the new regime.
October 24, 2013
EIOPA Chairman writes to the Commission to propose that the legislative process for MIFID II be used to introduce changes to better protect purchasers of PRIPs
September 25, 2013
Omnibus II agreement delayed until February 2014. PRA consults on solvent schemes of arrangement and capital extractions by firms in run-off.
September 11, 2013
CPP redress payments for mis-selling card and identity protection to be made through scheme of arrangement.
August 28, 2013
Nine firms are named on the FSB's list of G-SIIs. FCA and Lloyd's agree co-operation arrangements.
August 01, 2013
FCA launches market study into general insurance add-ons and fines intermediary for mis-selling. LMA issues revised model Binding Authority agreement.
July 18, 2013
This week's insurance updater considers the recent announcement by the FCA that it will undertake a thematic review of claims handling.
June 12, 2013
Under EU Treaties, Italy recognises the possibility for EEA insurers and intermediaries to passport their licences and operate in Italy under the freedom of services
April 26, 2013
“Supervened usury” is a breach of usury threshold rates which takes place not while a contract is being negotiated but at a later stage, during the term of the contr
April 25, 2013
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