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Insurance & Reinsurance monthly highlights—August 2017

Published on: 30 August 2017
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Article summary

This edition of Insurance & Reinsurance Highlights provides an aggregation of the news reported by the Insurance & Reinsurance team over the past month. It includes news items related to: (1) The IAIS public consultation on the revision of ICP 24 – macroprudential surveillance and insurance supervision; (2) the PRA proposals for extending the SM&CR in insurers; (3) the LMA activity including its guidance for underwriters on the GDPR and its work affecting financial lines and political risk; (4) Automated driving; (5) New guidelines on PRIIPs key information documents; (6) New challenges for ATE insurance; (7) priorities and fines issued by the CMR; (8) the ABI concerns on insurance contracts post-Brexit, and their recent report on travel insurance; (9) the EIOPA updates on Solvency II; (10) the PRA’s consultation on levies for insurers and fees in relation to the risks firms pose to PRA objectives and FSCS levies for general and life insurers; (11) the FCA latest proposals setting out changes to the rules required to...

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