UK government proposes reforms to insurer insolvency regime
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UK government proposes reforms to insurer insolvency regime

Marcel Le Gouais
21 May 2021
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Financially troubled insurers will be offered more flexibility and clarity on the process of writing down debts to avoid insolvency, under HM Treasury proposals.

The proposed reforms are set out in a consultation now open that would change the existing insolvency arrangements for insurers operating outside the Lloyd’s market.

The

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Topics

Regulation News Legal
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Marcel Le Gouais
Deputy Editor
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