Regulated activities

View Insurance & Reinsurance by content type:

Latest Insurance & Reinsurance News

Featured Insurance & Reinsurance content

Practice notes
Subrogation in insurance and reinsuranceWhat is the right of subrogation?In the context of insurance and reinsurance, the right of subrogation...
Read More >
Produced in partnership with Eleanor Ruiz of Reed Smith and Mark Pring of Reed Smith 19th May
Practice notes
The principle of subrogationSubrogation is the right of an insurer, once it has made payment to its insured for loss covered by an insurance policy,...
Read More >
19th May
Practice notes
Liability of the reinsurer to the insolvent insurance companyEffect of liquidation on reinsurance recoveriesWhen an insurer goes into liquidation, its...
Read More >
19th May
Practice notes
Brexit—exiting the EU under Article 50 [Archived]ARCHIVED: This Practice Note has been archived and is not maintained.This Practice Note contains...
Read More >
Produced in partnership with Adam Cygan of University of Leicester 19th May
Practice notes
The registration and regulation of friendly societiesWhat is a friendly society?There has been a system of registration, and with it regulation, of...
Read More >
Produced in partnership with John Gilbert of Hogan Lovells International LLP 19th May
Practice notes
Double insurance and contributionOverlapping insurance policesThere are various reasons why an insured may end up with overlapping insurance cover,...
Read More >
Produced in partnership with Susie Wakefield and Matthew Brown of Shoosmiths LLP 19th May
Practice notes
Sanctions clauses and the effect of sanctions on insurance policiesIP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit...
Read More >
Produced in partnership with Daniel Martin of HFW 19th May
Practice notes
What is a contract of insurance?This Practice Note covers the legal framework and regulatory guidance to be considered in determining whether an...
Read More >
Produced in partnership with RPC 19th May
Practice notes
Forms of reinsurance and terminologyThe parties to a reinsurance contract and reinsurance terminologyThe principal parties to any reinsurance contract...
Read More >
19th May
Practice notes
Insurance reserves, claims data and loss development trianglesThis Practice Note explains insurance industry practice in relation to loss reserves,...
Read More >
19th May
Practice notes
Conduct Rules for SM&CR FirmsBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation...
Read More >
Produced in partnership with Mark Compton and Lauren Smith of Mayer Brown International LLP 19th May
Practice notes
Warranty and Indemnity (W&I) insurance in private M&A transactions—guide to the key documentsWith the significant rise in the use of Warranty and...
Read More >
Produced in partnership with Adrian Furlonge of Hemsley Wynne Furlonge LLP 19th May
Practice notes
Public liability insurance—basic insurance principlesPublic liability insurance contractsInsuring clausePublic liability insurance indemnifies a...
Read More >
19th May
Practice notes
Insurance—duty of disclosureDuty of 'fair presentation'Under the Insurance Act 2015, s 3 (IA 2015), the insured has a duty to make a 'fair...
Read More >
19th May
Practice notes
The functions and duties of insurance brokers—policy placementThis Practice Note provides a high level introduction to the functions and duties of...
Read More >
19th May
Practice notes
A guide to the Consumer Insurance (Disclosure and Representations) Act 2012Insurance contracts have always had an aura of mystery about them in the...
Read More >
Produced in partnership with Alexander Rosenfield of Fenchurch Law and John Curran of Fenchurch Law 19th May

Most recent Regulated activities content

Practice notes
Outsourcing in insurance—one minute guideThis Practice Note provides a high level guide to the key regulatory and practical issues relating to...
Read More >
Produced in partnership with Simon Thomas of Carter Perry Bailey LLP 1st Aug
Q&As
What is a new product and what classes as a significant change to an existing product in relation to the new Insurance Distribution Directive?Article...
Read More >
31st Jul
Precedents
Terms of Business Agreement (TOBA)—insurer and managing agent/brokerAn Agreement dated [date] governing the conduct of Insurance Business...
Read More >
Produced in partnership with Davinia Collins of Womble Bond Dickinson (UK) LLP 31st Jul
Practice notes
What does 'by way of business' mean?An activity is only a regulated activity if it is an activity which is carried out by way of business in the UK....
Read More >
31st Jul
Practice notes
Carrying on unauthorised business and breaching the general prohibitionThis Practice Note outlines the relevant legislative provisions stipulating the...
Read More >
Produced in partnership with Sarah Clarke QC of Serjeants' Inn 31st Jul
Practice notes
Regulated activities—exempt personsIn this Practice Note, references to exemptions relate to persons who are exempt from the need to apply for...
Read More >
31st Jul
Practice notes
Exclusions applying to specified activities relating to insuranceBREXIT: The UK is leaving EU on Exit Day (as defined in the European Union...
Read More >
31st Jul
Practice notes
PRA-regulated activities and the scope of PRA regulationAs a result of the 2008 banking crisis, the government made a number of changes to the UK...
Read More >
31st Jul
Practice notes
Effecting and carrying out contracts of insuranceBackground to the regulated activities of effecting and carrying out contracts of insuranceThe...
Read More >
31st Jul
Practice notes
Assisting in the administration and performance of insurance contractsBackground to the regulation of assisting in the administration and performance...
Read More >
31st Jul
Practice notes
What are regulated activities?Under the general prohibition a person cannot carry out a regulated activity, or purport to carry out a regulated...
Read More >
31st Jul
Practice notes
Exclusions and exemptions relating to the general prohibition—an introductionThis Practice Note provides an introduction to the exemptions and...
Read More >
31st Jul
Practice notes
Territorial scope of the general prohibitionWhere and how does the general prohibition apply?There is a fundamental prohibition at the heart of the UK...
Read More >
30th Jul
Precedents
Financial services outsourcing agreement (intra group)BREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit...
Read More >
30th Jul
Precedents
Letter of intent—outsourcing servicesStrictly private and confidentialTo: [Insert legal name of customer organisation] (a company registered in...
Read More >
30th Jul
Precedents
Outsourcing agreement—long formThis Agreement is made on [date]Parties1[Customer] a company incorporated in [England] with registered number [company...
Read More >
30th Jul
Practice notes
Outsourcing in the insurance sectorThis Practice Note examines outsourcing in the insurance sector. The related documents pod on the right includes...
Read More >
9th Jun
Practice notes
The Connected Contracts Exclusion—Article 72B of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001/544IP COMPLETION DAY:...
Read More >
Produced in partnership with Jamie Rogers of Hogan Lovells 5th Jun

Popular documents