Regulation
-
A thriving competitive intermediary market is what keeps London fresh.
-
Sources approve of Labour’s plans around regulatory accountability.
-
A total of 8% of issuers under criteria observation received negative rating actions.
-
The deal will create a personal lines firm controlling £3bn in premiums.
-
Bermuda liquidators had earlier objected to out-of-court agreements between parties.
-
Long-term confidence in the market depends on the details of the new tax rule.
-
Existing taxes could be lowered under a potential new structure.
-
The agency stressed the physical impact of climate risk on companies.
-
DDM is due to be removed as a core central service on 13 September.
-
The LMG chair also discussed the need for tailored regulations.
-
The changes lift the threshold for companies reporting in the Solvency UK regime to £25mn.
-
The guide was developed collaboratively by the ABI’s AI Working Group.
-
The approval takes account of several out-of-court settlements.
-
The end of the waiting period effectively clears the path to close in the US.
-
The ratings agency said the reinsurer had a “very weak” balance sheet.
-
The Lloyd’s chair warned that clients, capital and talent “will not wait”.
-
The watchdog says the wholesale market has “a way to go” on D&I.
-
All parties interested in the case have agreed to participate in the process.
-
The regulator is calling for comments on the deal by 13 February.
-
The consultation will close on 26 April, with the PRA expecting to implement changes in Q4 2025.
-
The source of the funding is one of the most problematic elements for sources who spoke with this publication following the draft bill’s release on Friday.
-
Speaking to a Treasury committee, Rathi explained that the FCA is not proposing to enforce social policy, but to provide data for firms to evaluate themselves.
-
Participating insurers would be required to provide all-perils property insurance for residential and commercial policyholders.
-
The association will also explore the impact of AI and continue its #BackToEC3 campaign this year.
Most Recent
-
AM Best upgrades MS Re financial strength rating to A+
26 April 2024 -
Beazley’s Barnes resigns in latest energy market move
26 April 2024 -
QBE Re rebuilds in A&H with Canopius’s Brigstocke
26 April 2024