Regulation
298 whitepapers and resources
Regulation
The broker magazine: Issue 3 2016
Geared towards brokers, BIBA's latest magazine covers the latest developments within the insurance industry and provides strategic advice to managers. In this issue: expert views on the Insurance Act; results of CMA probe into motor insurance; professional indemnity; FCA watch.
A BIBA broker's guide to the General Data Protection Regulation
On 25 May 2018 we will all be obliged to comply with the General Data Protection Regulation which replaces the UK Data Protection Act 1998. This whitepaper studies the implications for brokers and why they’ll need a greater command over the data they hold, why it is held and for how long.
CII policy briefing: FCA thematic review on general insurance appointed representatives
Following concerns highlighted in its latest business plan, the Financial Conduct Authority (FCA) has published the results of a detailed thematic review into general insurance firms using the appointed representatives regime. This CII policy briefing highlights the main findings and material risks.
Addendum to Insurance Europe’s response to EC services passport consultation
In this document, Insurance Europe responds to the European Commission’s consultation on a proposed EU services passport for the single market. This response covers how an EU services passport would facilitate the provision of insurance for cross-border services and what role insurers would play.
CII public affairs update: Issue three 2016
The CII's public affairs updates contain news from Westminster and Whitehall, Europe and the regulator. This issue covers: the FCA's risk outlook; PRA feedback on general insurance stress test; MiFID II developments; EIOPA EU-wide insurance stress test.
CII briefing: Enterprise Act – Implications for insurance
The Enterprise Act received Royal Assent in May 2016. This three page CII briefing highlights the main features of the Act, including the implications for insurers and their claims processes.
Reporting requirements for non-Solvency II insurance firms
This PRA Policy Statement provides feedback to responses to Consultation Paper 18/16 ‘Reporting requirements for non-Solvency II insurance firms’. It sets out final rules for the new reporting requirements that apply to insurance firms that are outside the scope of Solvency II.
Solvency II: Monitoring model drift and standard formula SCR reporting for firms with an approved internal model
In this consultation paper, the Prudential Regulation Authority (PRA) proposes a supervisory statement setting out the PRA’s approach to monitoring model drift and expectations on firms with an approved internal model for the reporting formula Solvency Capital Requirement (SCR).
FOIL Update on Brexit after the referendum
The political ramifications of the Brexit vote still have a long way to run, and the commercial and financial consequences will not be known for some time. But what happens now? FOIL’s Update highlights the insurance industry’s initial response and the UK’s position following the referendum vote.
Video: Improving access to justice
The FCA’s review into add-ons has pushed legal expenses insurance into the spotlight. In this video, Post's Katie Marriner joins Arag’s Tony Buss and Higos' Ian Gosden to find out what the future holds for legal expenses insurance and what makes a firm stand out in terms of broker service.