Header graphic for print
Global Insurance Blog International Insurance and Reinsurance News, Trends, and Cases

Tag Archives: Part VII transfers

Posted in European Union, Market developments, Regulatory and legislative updates, UK

Webinar: Brexit issues for insurance companies – The countdown to Brexit starts now

On Thursday 30 March we held our latest Brexit webinar for insurance companies.  The UK has two years to negotiate and reach an exit deal, unless all EU Member states unanimously agree to extend this deadline. Many insurance companies will need to start thinking about the implementation of their plans. They also need to consider

Posted in Regulatory and legislative updates, UK

UK: PRA signals timing constraints for new insurance Part VII transfers in 2015

On Wednesday 21 January, the Prudential Regulatory Authority (“PRA”) published a letter explaining how it intends to deal with insurance transfers under Part VII of the Financial Services and Markets Act 2000 during the course of 2015.  The existing volume of transfers together with the resources needed to deal with the implementation of Solvency II