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News

IVASS consults again to review the regulatory framework governing unit and index linked products

On 28 March 2024, IVASS launched a second public consultation on a draft regulation regarding unit and linked insurance products. The purpose of the draft regulation is to lay down the...

News

Taking robust security over warranty and indemnity insurance policies

This article addresses the legal and practical issues for lenders on leveraged buy-outs in relation to taking security over warranty and indemnity insurance policies.This article first...

News

Artificial intelligence in the insurance sector: fundamental right impact assessments

The new AI Act establishes an obligation for the deployers of certain high-risk AI systems to conduct a “fundamental rights impact assessment” (“FRIA”). This will...

News

UK Consumer Duty: FCA gives more implementation feedback and some focus areas for closed books work

On 20 February 2024, the FCA published details of recent good practice in Consumer Duty implementation and highlighted areas for improvement. As well as this, the FCA also published the...

News

UK: FCA Business Plan 2024/25: a quick guide to the FCA’s key priorities

On 19 March 2024, the FCA published its Business Plan for 2024/25 setting out its planned programme of work for the coming year. The FCA states that it remains resolute in supporting the...

News

UK Insurance Horizon Scanner - March, April and May 2024

A snapshot of key market and regulatory developments expected to impact the UK insurance sector over the next few months.

News

Recent law provisions and regulatory measures impacting the Italian insurance sector

The Italian Budget Law for 2024 introduced important measures that will have an impact on the insurance business. As to the non-life insurance sector, it is provided an obligation for...

Insights and Analysis

UK Consumer Duty: Lessons learned

A few months on from the Consumer Duty implementation deadline, many firms are still grappling to get to grips with the level of change resulting from the Duty. Consumer Duty not only...

News

UK: PRA sets out its supervision priorities for insurers in 2024

On 11 January 2024, the Prudential Regulation Authority (PRA) published its annual Dear CEO letter setting out its priorities for the supervision of (re)insurers in 2024. Similar to...

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