Insurance UK
Insurance Law360 UK provides breaking news and analysis on the insurance industry. Coverage includes U.K. and European Union regulation, legislation, enforcement, and litigation involving insurance companies, underwriters, reinsurers, and brokers.
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Latest News in Insurance UK
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July 26, 2017
No Escaping Accountability As Conduct Regime Widens Net
The weight of individual accountability will soon cover the entire British financial landscape after authorities revealed plans Wednesday to expand the management conduct regime to all 56,000 firms under their watch, prompting attorneys to warn of a new era of enhanced compliance.
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July 26, 2017
Central Bank Floats Plan To Boost Pension Fund Transparency
The European Central Bank published a draft regulation on Wednesday on statistical reporting requirements for pension funds in a bid to increase transparency and improve data comparability.
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July 26, 2017
A Look At Protection Options For Board Members In The UK
Most U.K. board members assume that if they do nothing dishonest or recklessly stupid, the organizations they serve will stand by them in the event of threats to their personal liability. This assumption may not be safe, considering the marked increase in regulatory investigations involving both individuals and companies, says Francis Kean of Willis Towers Watson PLC.
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July 26, 2017
EIOPA Looks To Boost Efficiency In Pensions Data Reporting
The European Union’s top insurance and pensions regulator said on Wednesday that it wants to simplify the way in which national authorities report data from their occupational pensions sectors, in an effort to strengthen oversight of the industry across the region.
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July 26, 2017
UK Financial Watchdogs Expand Senior Manager Rules
British financial regulators set out plans on Wednesday to broaden rules holding senior managers at banks and insurers accountable for misconduct inside their firms to encompass other financial services, including asset managers and brokers.
Areas of Coverage
- LITIGATION
- Litigation involving insurance companies or executives
- Disputes over commercial, directors and officers, management, and professional liability insurance policies
- Lawsuits over coverage for business interruption losses, natural disasters, and environmental contamination claims
- Appellate rulings on insurance coverage disputes
- Mass actions over deceptive and unfair trade practices, modal premium rates, and vanishing premiums
- Financial List cases involving insurance products
- Cases in Bermuda or other Commonwealth jurisdiction courts that affect U.K. companies
- Reinsurance arbitration
- AGENCIES
- Financial Conduct Authority
- Bank of England
- Prudential Regulation Authority
- European Commission
- European Insurance and Occupational Pensions Authority
- European Securities and Markets Authority
- European Banking Authority
- POLICY & REGULATION
- U.K. and EU insurance regulation, policy proposals and studies
- U.K. and EU Parliament hearings involving the insurance industry
- Insurance legislation and amendments in the U.K. Parliament and EU Parliament
- Insurance Act
- Solvency II and the Insurance Distribution Directive
- Treaty of Lisbon
- International insurance regulation and legislation
- ENFORCEMENT
- Fraud investigations and actions involving insurance companies
- Kickback, bribery, and corruption cases involving insurance companies or executives
- PROFILES
- Interviews with high-profile attorneys and regulatory officials
- Personnel moves
- Judicial appointments
Readership
- Insurance barristers and solicitors
- Corporate counsel and compliance officers at top British companies
- Executives and attorneys at insurance companies and corporate policyholders
- International insurance attorneys
- Information experts at law firms, agencies, and companies
- Policymakers at U.K. and EU agencies
- Judges and court staff
- Attorney and law firm marketing professionals