In July 2022, the UK government proposed two key changes to the existing insolvency arrangements in respect of insurance companies as part of a wider set of reforms to the existing Financial Services and Markets Act 2000...more
The potential benefits of deploying artificial intelligence (AI) (and in particular, machine learning (ML) techniques) within the insurance industry have been the subject of much market discussion and increased focus over...more
On 20 July 2022, just before the UK Parliament’s summer recess, the long awaited Financial Services and Markets Bill (FSM Bill) was introduced to Parliament....more
Earlier this year, the Insurance (Amendment) Act 2021 (the Act) came into force in India, allowing non-Indian investors to hold majority control in Indian insurance companies for the first time (subject to certain...more
The Court of Appeal has today upheld the joint appeals by The Prudential Assurance Company Limited (PAC) and Rothesay Life Plc (Rothesay) against Snowden J’s refusal to sanction the transfer of a portfolio of annuities from...more
Welcome to this the fifth edition in our series of surveys on directors’ liabilities, brought to you by the international law firm Allen & Overy LLP and the global advisory broking and solutions company Willis Towers Watson....more
9/19/2017
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D&O Insurance ,
Deferred Prosecution Agreements ,
Directors ,
Financial Conduct Authority (FCA) ,
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Indemnity ,
Insolvency ,
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UK