Insurance Update - November 2015

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 Higher Loss Absorbency requirement for global systemically important insurers
  • Solvency II calibrations may soon change as part of Capital Markets Union plan
  • Timing of UK regulator’s decisions on matching adjustment and internal models
  • New proposals would oblige UK insurers to pay sums due within a “reasonable time”
  • Sale of opt-out add-ons will be banned in UK
  • UK changes in relation to employees and senior managers: whistleblowing, regulatory references and SIMR
  • Go-ahead likely for Indian insurers to issue preference shares and subordinated debt
  • Recent deals