The complex nature of energy risks means they are too often placed into the commercial insurance market o...
UK regulators approve Lloyd’s multi Insurance Special Purpose Vehicle ...
UK regulators approve Lloyd’s multi Insurance Special Purpose Vehicle for new capital
Lloyd’s today announced that it has received regulatory approval from the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA)...
Article / 5 days ago
PRA pledges to speed up authorisation process for London wholesale mar...
PRA pledges to speed up authorisation process for London wholesale market
Planned changes to the authorisation process will bring greater flexibility and speed to the process of setting up wholesale insurance businesses in London...
Article / 1 month ago
Bermuda SPI's and collateralized insurers reminded on Russia-Ukraine
Bermuda SPI's and collateralized insurers reminded on Russia-Ukraine
The Bermuda Monetary Authority (BMA) has issued a call for insurance-linked securities (ILS) vehicles domiciled on the island to adhere to international...
Article / 1 month ago
A tale of two regulators…
A tale of two regulators…
The Prudential Regulation Authority (PRA) is responding to the legitimate concerns of regulated companies. The Financial Conduct Authority (FCA), on the other hand, veers...
Article / 1 month ago
US Treasury seeks input on capital market support for NBCR / cyber ter...
US Treasury seeks input on capital market support for NBCR / cyber terror
The United States Department of Treasury's Federal Insurance Office (FIO) is seeking industry input and feedback on how available reinsurance...
Article / 2 months ago
Regulators "inflexible culture" hindered UK ILS ambitions: Lords Committee
UK parliamentary group, the House of Lords Industry and Regulators Committee, has told the government that fol...
Article / 2 months ago
Lloyd's seeks expanded ILS approvals for London Bridge Risk PCC
Lloyd's seeks expanded ILS approvals for London Bridge Risk PCC
The Lloyd’s insurance and reinsurance market is understood to be in active discussion with financial market regulators...
Article / 2 months ago
Brazil publishes "Letra de Risco de Seguro" rules for ILS securitizati...
Brazil publishes "Letra de Risco de Seguro" rules for ILS securitization
The Brazilian government has published new legislation in its official gazette for what are being termed "Letra de Risco de Seguro"...
Article / 2 months ago
PRA looks to evolve UK ILS regime, after challenging start: Sweeney
The UK's top regulator recognises that the insurance-linked securities (ILS) regime in the country has faced c...
Article / 2 months ago
Bermuda court approves Markel Catco buyout
Bermuda court approves Markel Catco buyout
A Bermuda court has sanctioned Markel’s proposal to buy out Markel Catco’s investors of their holdings in the retro fund...
Article / 2 months ago