Insurance Update - November 2019

The following topics are covered in this issue. To see the articles, please log on to our Knowledge Portal or contact your usual Linklaters’ contact.

  • 2020 review of Solvency II: EIOPA consults on technical advice
  • EIOPA identifies consumer protection issues in travel insurance
  • EIOPA opinion on sustainability within Solvency II
  • EIOPA report on cyber risk for insurers
  • UK’s PRA consults on new supervisory statement on the Prudent Person Principle
  • UK’s PRA finalises supervisory statement on liquidity risk management
  • UK’s PRA finalises revisions to supervisory statement on equity release mortgages
  • UK PRA’s consultation on income producing real estate loans and internal credit assessments for illiquid, unrated assets
  • UK’s PRA sets out current areas of focus for GI firms
  • UK’s FCA presents findings from unit-linked funds’ governance review
  • UK FCA’s interim report on GI pricing practices
  • UK’s FCA launches fourth GI value measures pilot
  • UK FCA’s evaluation of GI renewal transparency intervention
  • Hong Kong: The new Insurance Authority regime for insurance intermediaries
  • China revises key insurance and banking regulations; reforms may spark renewed foreign interest in China’s financial sector