Grant Murtagh has lately begun writing an everyday column for Sensible Regulation by which he shares his ideas on topical insurance coverage points. In his first challenge, Grant discusses:
- HM Treasury’s assessment of Solvency II and the efforts to construct consensus on what’s going to change on account of that assessment
- The PRA’s concentrate on focus danger within the context of longevity reinsurance and its concentrate on “funded” reinsurance
- The brand new Client Responsibility, the necessity for an extended implementation interval and the FCA’s current feedback on insurers taking part in their half in supporting clients by the present value of residing disaster
- Latest enterprise Interruption (BI) insurance coverage choices, in Stonegate Pub Firm v MS Amlin, Greggs PLC v Zurich Insurance coverage PLC and Numerous Eateries Buying and selling Ltd v Allianz, which think about a spread of vital points not beforehand addressed by the FCA take a look at case. (For a extra detailed dialogue of those circumstances, please see our weblog put up right here written by Paul Lewis, Sarah Irons and Sarah McCadden, revealed on 21 October 2022)
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