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Morgan Lewis

UK Prudential Regulation Authority Implements Solvency II Matching Adjustment Reforms

Morgan Lewis on

PS10/24, implementing reforms to the UK’s Solvency II regime for matching adjustment portfolios, came into force on June 30, 2024. The reforms aim to increase investment flexibility and provide a wider range of options for...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Standard Formula: A Guide to Solvency II – Chapter 6: Investment Rules

This chapter discusses and analyses the investment rules that apply to Solvency II insurers and reinsurers in the United Kingdom. In particular, this chapter will outline the “prudent person principle” and discuss the...more

Hogan Lovells

UK Insurance Horizon Scanner - January and February 2024

Hogan Lovells on

A snapshot of key market and regulatory developments expected to impact the UK insurance sector over the next few months....more

Skadden, Arps, Slate, Meagher & Flom LLP

Lessons for the Insurance Sector From the Credit Suisse Sale

UBS’ acquisition of Credit Suisse sent waves across the global markets and raises questions about possible impacts on the availability of regulatory capital in the insurance sector....more

Locke Lord LLP

Brexit And The Re/Insurance Industry

Locke Lord LLP on

This article examines some potential issues for UK re/insurers following the referendum vote for the UK to end its membership in the EU. Prolonged period of uncertainty but “business as usual”? One of the most...more

Cadwalader, Wickersham & Taft LLP

UK Financial Conduct Authority Issues Final Rules Concerning Whistleblowers

On October 6, 2015, the UK Financial Conduct Authority (“FCA”) issued final rules formalizing whistleblower procedures to be implemented by certain banks, building societies, credit unions, investment firms, and insurance and...more

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