The UK government’s Financial Services Growth and Competitiveness Strategy published on 15 July 2025, identifies insurance/reinsurance as one of the sectors with ‘priority growth opportunities’ and as such the Strategy sets...more
A snapshot of key market and regulatory developments expected to impact the UK insurance sector over the next six months. 1 – 3 April Motor finance: The Supreme Court heard the three linked appeals, Hopcraft, Johnson and...more
The PRA has published its Business Plan for 2025/26, setting out the workplan for each of its strategic priorities and strategy to advance its primary and secondary objectives. The PRA comments that, alongside its continual...more
DATE DETAILS 1 January Critical third parties: Final rules and policy on critical third parties set out in the joint policy statement of the PRA and FCA (PS16/24 and PS24/16) came into effect. Certain requirements are subject...more
On 9 January 2025, the Prudential Regulation Authority (PRA) published its annual Dear CEO Letter setting out its priorities for the supervision of (re)insurers in 2025. Similar to last year, financial and operational...more
On 11 January 2024, the Prudential Regulation Authority (PRA) published its annual Dear CEO letter setting out its priorities for the supervision of (re)insurers in 2024. Similar to last year, financial and operational...more
A snapshot of key market and regulatory developments expected to impact the UK insurance sector over the next few months....more
A snapshot of key market and regulatory developments expected to impact the UK insurance sector over the next few months. MONTH DATE DETAILS OCTOBER 9 Insurance Distribution Directive (UK)...more
A snapshot of key market and regulatory developments expected to impact the UK insurance sector over the next couple of months....more
On 10 January 2023, the Prudential Regulation Authority (PRA) published a Dear CEO letter setting out its priorities for the supervision of (re)insurers in 2023. Financial and operational resilience remain key areas of focus...more
Yesterday (28 April 2022), HM Treasury published its much-anticipated consultation paper on its proposals to reform aspects of the UK’s Solvency II regime. At the same time, the Prudential Regulation Authority (PRA)...more
Earlier this summer, the UK government announced that it would review the impact of the Solvency II regime on the UK insurance industry. On 19 October 2020, HM Treasury published a Call for Evidence....more
On 5 June 2019, the Treasury Committee launched an inquiry into the decarbonisation of the UK economy and green finance which will look at the role of the UK regulators and financial services firms in supporting the...more
6/6/2019
/ Capital Markets ,
Climate Change ,
Comment Period ,
Environmental Social & Governance (ESG) ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Services Industry ,
Green Finance ,
HM Treasury ,
Insurance Industry ,
Prudential Regulation Authority (PRA) ,
Regulatory Agenda ,
UK ,
Working Groups
The Hogan Lovells’ Corporate Insurance Newsletter for October has been published. This provides a round-up of UK, EU and international regulatory developments relevant to UK based insurance market participants.
...more
11/9/2018
/ EIOPA ,
EU ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Insurance Claims ,
Insurance Regulations ,
Prudential Regulation Authority (PRA) ,
Solvency II ,
UK ,
UK Brexit ,
XBRL Filing Requirements
The Hogan Lovells’ Corporate Insurance Newsletter for September has been published. This provides a round-up of UK, EU and international regulatory developments relevant to UK based insurance market participants.
...more
10/5/2018
/ Data Protection ,
EIOPA ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Insurance Claims ,
Insurance Industry ,
Insurance Regulations ,
Intermediaries ,
Prudential Regulation Authority (PRA) ,
Solvency II ,
Supervisory Highlights ,
UK Brexit
The Hogan Lovells’ Corporate Insurance Newsletter for July has been published. This provides a round-up of UK, EU and international regulatory developments relevant to UK based insurance market participants.
...more
8/16/2018
/ Big Data ,
Commercial General Liability Policies ,
Consumer Protection Laws ,
Duty of Care ,
EIOPA ,
Financial Conduct Authority (FCA) ,
IAIS ,
Insurance Industry ,
Mortgages ,
Prudential Regulation Authority (PRA) ,
Regulatory Oversight ,
Regulatory Requirements ,
Solvency II ,
UK ,
UK Brexit
The Hogan Lovells’ Corporate Insurance Newsletter for June has been published. This provides a round-up of UK, EU and international regulatory developments relevant to UK based insurance market participants.
...more
7/5/2018
/ Bank of England ,
Consumer Insurance Products ,
Cross-Border Transactions ,
Cryptocurrency ,
Digital Assets ,
EIOPA ,
EU ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Indemnity Insurance ,
Insurance Claims ,
Insurance Contracts ,
Prudential Regulation Authority (PRA) ,
Regulatory Oversight ,
Regulatory Requirements ,
Risk Management ,
RTS ,
Solvency II ,
UK ,
UK Brexit
The Hogan Lovells’ Corporate Insurance Newsletter for May has been published. This provides a round-up of UK, EU and international regulatory developments relevant to UK based insurance market participants. In this issue,...more
6/12/2018
/ Consumer Insurance Products ,
EIOPA ,
Financial Conduct Authority (FCA) ,
Financial Planning ,
Financial Services Industry ,
FSMA ,
Investment Management ,
Legislative Agendas ,
Pending Legislation ,
Prudential Regulation Authority (PRA) ,
Regulatory Oversight ,
Regulatory Requirements ,
Solvency II ,
UK ,
UK Brexit ,
UK Consumer Rights Act
The Hogan Lovells’ Corporate Insurance Newsletter for April has been published. This provides a round-up of UK, EU and international regulatory developments relevant to UK based insurance market participants.
...more
The Hogan Lovells’ Corporate Insurance Newsletter for March has been published. This provides a round-up of UK, EU and international regulatory developments relevant to UK based insurance market participants.
...more
4/19/2018
/ Consumer Insurance Products ,
EIOPA ,
Financial Conduct Authority (FCA) ,
General Data Protection Regulation (GDPR) ,
Implementing Technical Standards (ITS) ,
Insurance Industry ,
Life Insurance ,
Pensions ,
Prudential Regulation Authority (PRA) ,
Regulatory Oversight ,
UK ,
UK Brexit
The Hogan Lovells’ Corporate Insurance Newsletter for February has been published. This provides a round-up of UK, EU and international regulatory developments relevant to UK based insurance market participants.
...more
The Hogan Lovells’ Corporate Insurance Newsletter for December has been published. This provides a round-up of UK, EU and international regulatory developments relevant to UK based insurance market participants.
...more
1/2/2018
/ EIOPA ,
EU ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Financial Solvency ,
Individual Accountability ,
Insurance Industry ,
Prudential Regulation Authority (PRA) ,
Regulatory Oversight ,
Senior Managers ,
UK ,
UK Brexit
The Hogan Lovells’ Corporate Insurance Newsletter for November has been published. This provides a round-up of UK, EU and international regulatory developments relevant to UK based insurance market participants.
...more
12/7/2017
/ Cyber Insurance ,
Cybersecurity ,
EIOPA ,
ENISA ,
Financial Conduct Authority (FCA) ,
G-SII ,
IAIS ,
Insurance Industry ,
Packaged Retail And Insurance-Based Investment Products (PRIIPS) ,
Prudential Regulation Authority (PRA) ,
Regulatory Oversight ,
Solvency II ,
UK
The Hogan Lovells’ Corporate Insurance Newsletter for October has been published. This provides a round-up of UK, EU and international regulatory developments relevant to UK based insurance market participants. In this...more
11/1/2017
/ Anti-Money Laundering ,
EIOPA ,
EU ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
IAIS ,
Insurance Industry ,
Prudential Regulation Authority (PRA) ,
Solvency II ,
Transparency Directive ,
UK
The Hogan Lovells’ Corporate Insurance Newsletter for July has been published. This provides a round-up of UK, EU and international regulatory developments relevant to UK based insurance market participants.
...more
8/22/2017
/ Consumer Financial Products ,
Cyber Insurance ,
EIOPA ,
EU ,
Financial Conduct Authority (FCA) ,
IAIS ,
Insurance Industry ,
Mortgages ,
Packaged Retail And Insurance-Based Investment Products (PRIIPS) ,
Prudential Regulation Authority (PRA) ,
Regulatory Oversight ,
Retirement ,
Solvency II ,
UK