On 6 September 2021, the Prudential Regulation Authority (“PRA”) published a Consultation Paper setting out its proposed approach to interpreting and applying the definition of an insurance holding company for the purposes of the Group Supervision Part of the PRA Rulebook.
Directive 2009/138/EC on the taking-up and pursuit of the business of insurance and reinsurance (the “Solvency II Directive”) sets out regulatory requirements for insurance firms and groups, covering financial resources, governance and accountability, risk assessment and management, supervision, reporting and public disclosure. In February 2019,
A meeting of the Insurance Scoping Forum was held on 20 November 2018. The meeting was chaired and hosted by Matthew Wainwright of Dentons U.K. and Middle East LLP. Forum […]
FMLC report entitled Discussion of Legal Uncertainties Arising from the Solvency II Directive, published 25 June 2013. Available as: PDF