Welcome to our Insurance Regualtory eBulletin

Welcome to this edition of our Insurance Regulatory eBulletin, which aims to keep you updated with significant regulatory developments and their implications across the insurance sector.

A quiet month of activity from the regulators. The PRA sent a Dear CEO letter to general insurers on the regulatory concerns arising from the current market conditions facing specialist general insurers. The FCA issued guidance on Part VII insurance business transfers, put into place the regulations for the Insurance Distribution Directive implementation in October, and set out proposals for how it expects to supervise claims management companies from April 2019. The FCA also issued a Data Bulletin which analyses the insurance intermediary sector in some detail.

I hope you enjoy reading this latest update. Please do not hesitate to contact myself or your normal Moore Stephens contact if you have any concerns over any matter highlighted in this update.

Read our latest Insurance Regulatory eBulletin here.