Insurance Update - July 2022

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.

  • EIOPA consults on supervisory statement on differential pricing practices
  • EIOPA consults on supervisory statements on exclusions in insurance products arising from systemic events and on the management of non-affirmative cyber exposures
  • EIOPA consults on review of Solvency II securitisation prudential framework
  • EIOPA feedback statement to discussion paper on open insurance
  • IAIS consultation on draft criteria that will be used to assess whether the Aggregation Method provides comparable outcomes to the Insurance Capital Standard
  • UK Solvency II reform: PRA launches data collection exercise; Sam Woods speech suggests “strongly negative” industry reaction to matching adjustment proposals
  • UK PRA finalises changes to definition of insurance holding company
  • UK PRA statement on the recalculation of the Transitional Measure on Technical Provisions
  • UK: Bank of England’s climate stress test results
  • ESG webinar: What’s the latest for banks and insurers?
  • Recent deals