Insight and Intelligence on the London & International Insurance Markets

25 February 2018

Search archive

UK ILS rules passed by parliament

Lucy Jones 5 December 2017

A parliamentary committee has passed risk transformation regulations that will allow for an insurance-linked securities (ILS) regime in the UK.

There was huge potential for the UK to benefit from the new regime, said City minister Stephen Barclay while putting the Risk Transformation Regulations 2017 and the Risk Transformation (Tax) Regulations 2017 before the Fifth Delegated Legislation Committee last week.

"The UK would not be losing any revenue, as none of these deals are domiciled in the UK... competitors offer...

If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership

This article was published as part of issue December 2017/1

Euromoney Trading Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Euromoney Trading Limited 2018. All rights reserved Euromoney Trading Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.