News & Analysis as of

Insurance Industry Policy Statement

Skadden, Arps, Slate, Meagher & Flom LLP

PRA Announces Reform to the UK Insurance Special Purpose Vehicles Regulatory Framework

- What is new: The PRA has published a policy statement finalising reforms to the UK insurance special purpose vehicles regulatory framework, including changes to funding, grace periods, authorisation and contract...more

BCLP

FCA’s new rules on general insurance pricing practices

BCLP on

The FCA published today a collection of new ‘pricing practices’ rules for insurers and insurance distributors. Most headlines will be on the new price-walking prohibition for home and motor insurance, new rules on...more

A&O Shearman

Bank of England Consults on Proposed 2021 Climate Change Stress Tests

A&O Shearman on

The Bank of England has published a discussion paper seeking feedback on its proposals for a series of 2021 stress-tests on climate-related risks for the largest banks, insurers and the financial system. The stress tests will...more

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