Regulatory framework

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Brexit—exiting the EU under Article 50 [Archived]ARCHIVED: This Practice Note has been archived and is not maintained.This Practice Note contains...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 Regulatory framework content

Practice notes
Lexis®PSL Financial Services FCA/PRA Enforcement DatabaseThe Lexis®PSL Financial Services FCA/PRA Enforcement Database lists, and contains detailed...
Read More >
20th Jul
Practice notes
European Insurance and Occupational Pensions Authority (EIOPA)What does EIOPA do? The European Insurance and Occupational Pensions Authority (EIOPA)...
Read More >
15th Jul
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 M&G Advisory Services 7th Jul
Practice notes
International Association of Insurance Supervisors—essentialsBREXIT: As of exit day (31 January 2020) the UK is no longer an EU Member State. However,...
Read More >
Produced in partnership with RPC 2nd Jul
Practice notes
Financial Services and Markets Act 2000—essentialsThe principal role of the Financial Services and Markets Act 2000 (FSMA 2000) was to establish and...
Read More >
25th Jun
Practice notes
FCA: Treating Customers Fairly—essentialsBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit...
Read More >
7th Jun
Practice notes
FCA Handbook—introduction for the insurance and reinsurance sectorIP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit...
Read More >
5th Jun
Practice notes
An introduction to Lloyd’s of LondonWhat is the Lloyd’s market?The Lloyd’s market is an insurance market, whose origins date back to the seventeenth...
Read More >
Produced in partnership with The Society of Lloyd's Legal Team 5th Jun
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 5th Jun
Practice notes
PRA Rulebook—introduction for the insurance and reinsurance sectorOn 29 August 2015, the Prudential Regulation Authority (PRA) published the PRA...
Read More >
5th Jun
Practice notes
No deal Brexit implications for the insurance sectorIP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit...
Read More >
Produced in partnership with Margarita Kato and Carol-Ann Burton of HFW 5th Jun
Practice notes
FCA: Embedding TCF in the culture of a firmBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit...
Read More >
5th Jun
Practice notes
The financial services sector and unfair contract terms BREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit...
Read More >
5th Jun
Practice notes
FCA—corporate governanceFCA and corporate governanceUnder the Financial Services and Markets Act 2000 (FSMA 2000) the FCA acquired responsibility for...
Read More >
Produced in partnership with Maclay Murray & Spens LLP 5th Jun
Practice notes
Training and competence—appropriate examination standardsTraining and competence—appropriate examination standardsThe Financial Conduct Authority...
Read More >
5th Jun
Practice notes
Financial Conduct Authority—Principles for Businesses (PRIN)This Practice Note explains the Principles for Businesses (PRIN) set down by the Financial...
Read More >
5th Jun
Practice notes
Prudential Regulation Authority—Fundamental RulesBackground to the Fundamental RulesPrior to the creation of the Financial Conduct Authority (FCA) and...
Read More >
5th Jun
Practice notes
The Financial Conglomerate Directive (FICOD)—essentialsBackgroundFinancial conglomerates are large groups with significant activities in more than one...
Read More >
5th Jun
Practice notes
Prudential Regulation Authority—supervisory approach—insurersBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit...
Read More >
5th Jun
Practice notes
Relationship between UK regulators and European Supervisory AuthoritiesBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of...
Read More >
5th Jun

Popular documents