Regulation
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A thriving competitive intermediary market is what keeps London fresh.
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Sources approve of Labour’s plans around regulatory accountability.
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A total of 8% of issuers under criteria observation received negative rating actions.
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The deal will create a personal lines firm controlling £3bn in premiums.
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Bermuda liquidators had earlier objected to out-of-court agreements between parties.
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Long-term confidence in the market depends on the details of the new tax rule.
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Existing taxes could be lowered under a potential new structure.
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The agency stressed the physical impact of climate risk on companies.
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DDM is due to be removed as a core central service on 13 September.
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The LMG chair also discussed the need for tailored regulations.
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The changes lift the threshold for companies reporting in the Solvency UK regime to £25mn.
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The guide was developed collaboratively by the ABI’s AI Working Group.
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