Insurance Update - January 2021

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.

• IAIS report on cyber risk underwriting
• Draft IAIS Application Paper on Supervision of Control Functions
• 2020 review of Solvency II: EIOPA publishes its opinion
• EIOPA consults on ORSA in the context of Covid-19
• Brexit: The future relationship between the EU and the UK – the Trade and Cooperation Agreement
• Brexit: PRA policy statement on changes required before end of transition period
• Brexit: EU post-transition period regimes
• Covid-19: UK business interruption insurance test case – Supreme Court rules in policyholders’ favour
• UK PRA consults on deep, liquid and transparent assessments, and GBP transition to SONIA
• Recent deals