Insurance Update - November 2016

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.

  • Consultation on new UK framework for Insurance Linked Securities – includes cell company structure
  • BaFin specifies requirements for access of foreign reinsurers to German market
  • Bank resolution and derivatives: An update
  • Brexit
  • UK Treasury Committee inquiry into Solvency II
  • New Data Regulation, Brexit and the insurance industry
  • UK FCA Feedback Statement on Big Data in retail general insurance
  • UK consultation on distributable profits of life insurers
  • UK employment developments
  • Task Force on Climate-related Financial Disclosures
  • European Commission adopts RTS on margin requirements for uncleared OTC derivatives
  • Summary and analysis of the FCA’s Asset Management Market Study Interim Report
  • UK government cancels plans for secondary annuity market
  • FCA confirms cap on early exit pension charges
  • One year delay to application date of PRIIPs Regulation
  • Recent deals