Insurance Update - May 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.

  • ESG: What next for the Sustainable Finance Package?
  • EIOPA issues Opinion on the supervision of the use of climate change risk scenarios in the ORSA
  • EIOPA consults on revised Guidelines on the use of the Legal Entity Identifier
  • EIOPA analysis of “general good” rules under IDD
  • EIOPA consults on framework to address value for money risk in the European unit-linked market
  • EIOPA consults on Interbank Offered Rates
  • European Commission consultation on strategy for retail investors
  • Recent German Federal Administrative Court ruling: scope of BaFin’s administrative authority
  • Private placements of capital instruments
  • UK regulators finalise new policy on operational resilience
  • UK PRA policy statement on expectations for work of external auditors on matching adjustment
  • General insurance pricing practices: UK FCA delays implementation of new rules
  • Covid-19: UK FCA extends guidance on cancellations and refunds
  • UK: Judicial review of the UK government’s plan to reform RPI
  • India issues draft rules in relation to increase of FDI to 74%
  • India notifies regulations for compensation pursuant to a forced amalgamation of insurance companies
  • Recent deals