Insurance Law Insurance

A Practitioner's Guide to the Regulation of Insurance, 6th Edition

By Charles Rix
Sweet & Maxwell U.K. December 2020

Specifications

ISBN-13
9780414075702
Publisher
Sweet & Maxwell U.K.
Publication
December 2020
Format
Paperback , 350 pages
Jurisdiction
U.K. ? Countri(es) for reference only

Details

A Practitioner’s Guide to the Regulation of Insurance examines the UK and European regulatory regimes and their impact on the insurance industry, providing practical advice for compliance officers and professional advisers. It covers all aspects of the life and non-life insurance industries, from establishment, authorisation and ownership to conduct of business and financial supervision. There is also coverage of reinsurance and friendly societies.

This fully revised new edition includes new content on the Solvency II Directive, the Insurance Distribution Directive, GDPR, Senior Manager and Certification Regime (SMCR), Risk Transformation Regulations 2017 and the impact of Brexit.
 
Key features:
  • Gives a complete overview of the insurance industry regulatory post FCA/PRA regime
  • Updated to take the Solvency II Directive and the Insurance Distribution Directive into account
  • Reflects upon the implementation of GDPR and the introduction of SMCR.
  • Covers the implementation of the retail distribution review
  • Covers the authorisation of UK, EU and overseas insurance companies
  • Gives detailed guidance on establishment of branches and cross-border issues
  • Covers both life and non-life insurance
  • Includes full coverage of the latest progress on Solvency 2 and the implications of the new capital adequacy requirements
  • Gives guidance on the regulation of reinsurance business and the Reinsurance Directive
  • Covers friendly societies and specific issues affecting particular types of insurance (e.g. motor insurance)
  • Covers passporting rights post-Brexit

Table of Contents

Introduction
Katherine Coates and Narind Singh, Clifford Chance

Authorisation of UK, EU and Overseas Insurance Companies
James Bateson and Laura Hodgson, Norton Rose

Ownership and Management of Insurance Companies
Katherine Coates and Hilary Evenett, Clifford Chance

Financial Supervision
John Philpott, consultant

The Establishment of Branches and Cross-Border Provision of Services
Rob Stirling and James Smethurst, Freshfields

Portfolio Transfers and Schemes of Arrangement
Geoffrey Maddock and Laurence Elliott, Herbert Smith

Sale and Administration of Non-Investment Insurance
Duncan Barber, Linklaters

Special Rules Relating to Certain Categories of General Insurance Business
Carol-Ann Burton and Ambereen Salamat, Holman Fenwick Willan

Regulation of Long-Term Insurance
Charles Rix and Steven McEwan, Hogan Lovells

Sale and Administration of Life Assurance
Maria Ross and Laura Hodgson, Norton Rose

The Regulation of Friendly Societies
John Gilbert, Hogan Lovells

About the Author

Consultant editors: Charles Rix, Hogan Lovells

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