Insurance Notes

FCA consults on approach to authorising international firms

France sets out approach to post-Brexit servicing of policies held by UK expats

In February 2019, EIOPA published a series of recommendations (the "Recommendations") for the insurance sector relating to the UK's withdrawal from the …

Updated Brexit Legal Guide launched

Brexit - Impact of Article 50 extension on the UK Temporary Permissions Regime

Following last week's agreement between the UK and the EU to extend Article 50 until 31 October 2019, the FCA has confirmed that it will also extend the …

FCA Brexit guidance – too little, too late?

EIOPA issues Brexit advice - some good news for UK insurers and intermediaries?

Preparing for Brexit: EEA (re)insurers - UK Temporary Permissions Regime

The FCA portal for incoming EEA firms to notify the PRA and the FCA of their intention to enter the UK Temporary Permissions Regime ("TPR") is now …

Brexit deal – what does it mean for insurers and insurance intermediaries?

Yesterday's announcements on the terms agreed for the UK's withdrawal from the EU say relatively little about the future framework for cross-border trade …

Brexit – Deal on financial services may deliver little for insurance industry

Press reports over the past couple of days suggest that a deal struck by the UK government would "give UK financial services companies continued access …

EIOPA issues second warning about the impact of Brexit on insurance contracts

EIOPA has published an opinion and FAQs emphasising the need for insurers and insurance intermediaries to explain to policyholders how Brexit will affect …

BREXIT UPDATE - EEA (RE)INSURERS

EEA insurers and reinsurers doing business in the UK under the insurance passport must prepare for the UK's withdrawal from the EU. We consider, in our …

Brexit - EIOPA publishes opinion on cross-border legacy business

An opinion published by EIOPA on 21 December 2017 raises concerns for UK insurers who have policyholders in EEA states other than the UK. …