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Tips for insurers to minimise costs on Part VII transfers

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Published on: 15 May 2020
Published by a LexisNexis Insurance & Reinsurance expert

Table of contents

  • Front-load the actuarial analysis
  • Make it easy for the regulators to say yes
  • Anticipate objections or possible weaknesses
  • Get the communications right
  • Effective project management 

Article summary

Insurance & Reinsurance analysis: the coronavirus (COVID-19) crisis might cause insurers to seek to free up capital by disposing of portfolios of legacy business. Neil Brown, partner at RPC sets out some tips for carrying out Part VII transfers while under increasing costs constraints.

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Jurisdiction(s):
United Kingdom

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