Insurance Update - May 2019

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.

• EIOPA supervisory statement on application of proportionality principle for supervision of solvency capital requirement
• EIOPA report on use of Big Data in motor and health insurance
• UK’s PRA updates expectations on group supervision
• UK PRA consults on further amendments to supervisory statement on equity release mortgages
• UK PRA finalises supervisory statement on climate change
• Climate change and ESG newsletter
• UK FCA thematic report on GI distribution chain
• UK FCA thematic review on fair treatment of with-profits customers
• UK’s HM Treasury consults on information requirements under Civil Liability Act
• Brexit: Extension of Article 50; IDD, FSMA and “miscellaneous” statutory instruments made
• UK Pensions Investor Agenda – Spring 2019
• Hong Kong: Insurance Authority consults on draft codes of conduct for licensed insurance intermediaries
• Netherlands: Introduction of a thin-capitalisation rule for banks and insurers
• Recent deals