Insurance Update – September 2025

This newsletter is produced by Linklaters’ insurance sector team and is intended to keep you up to date with current issues in international insurance law, regulation and practice. Please click here to view the edition. The following topics are covered: 

• UK PRA considering change to treatment of funded reinsurance
• PRA finalises changes to UK ISPV framework
• UK PRA consultation on insurance third-country branches
• UK FCA package of reports on how the retail insurance market is working
• Which? launches super-complaint re home and travel insurance markets
• UK FCA says claims processes for total-loss claims have improved following review
• UK FCA market overview paper on pure protection market
• UK: FCA invites UK and Swiss firms to express interest under the Berne Financial Services Agreement
• UK: FCA considers simplifying climate reporting requirements
• UK signals changes to appointed representatives regime
• EU: Redline version of Solvency II Delegated Regulation
• European Commission adopts Delegated Decision renewing Brazil, Mexico and Japan equivalence decisions
• EIOPA reports on progress following 2022 peer review on outsourcing
• EIOPA second set of consultations on IRRD technical standards
• EIOPA statement on the use of climate change scenarios in the ORSA
• EIOPA finalises artificial intelligence opinion
• India: Government issues draft rules to enable 100% FDI
• Recent deals