Insurance assets

Recent Articles

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  07/02/2023

  Insurer Resolution Regime will be time- and re­source-in­tens­ive for firms in scope

  HM Treasury is proposing to introduce an Insurer Resolution Regime (IRR). The regime will provide the Bank of England (BoE) with tools to manage the failure of insurance companies. The aim of the proposed regime, which will draw on aspects of the well-established bank regime, is to allow UK authorities to act quickly to stabilise a failing insurer and to minimise risks to policyholders, financial stability, the wider financial sector and the taxpayer.The Prudential Regulation Authority (PRA) already has rules which are aimed at preventing insurer failure, and plans to develop these further. This...

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  11/04/2018

  Securitisation Regulation: 60 minutes to understand the new rules and issues

  CMS cordially invite you to attend a webinar: 11 April 2018 | 10:00 UK/ 11:00 CET Securitisation Regulation: 60 minutes to understand the new rules and issues This webinar will last one hour (including a Q&A session) and will provide an update on new EU regulations regarding securitisation. Four expert speakers from the UK, France and Spain will cover the areas you need to be aware of. Agenda: Scope of the new regulations (STS and CRR treatment) New rules applicable to any EU securitisation STS CRR/other directive changes REGISTER NOW

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  13/12/2017

  Risk Matters: Insurance Sector Update - Winter 2017/18

  Highlights include an assessment of this year’s $100bn North American natural catastrophe season and how this could impact corporates and insurers; ‘the rise of the machines’ as autonomous vehicles nudge closer to our roads and a comprehensive review of the top 10 issues facing our market in 2018. Should you have questions about this publication, please feel free to contact any of the authors.

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  12/12/2017

  Latest amendments to Russian Insurance Law: new clearance requirements on transactions involving stakes in insurance organisations

  RU

  The new regime Definition of terms The new requirements will apply not only to the acquisition of more than 10% of shares in an insurance organisation by a sole person or entity, but also by a group of persons. The definition of a group of persons is given in the Federal Law “On the Protection of Competition”. The definition includes, for example, a legal entity and its general director. Legal entities in which more than 50% of the collegial executive body and/or board of directors are the same individuals are also considered to be a group of persons. A commercial company and a person/entity...

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  06/12/2017

  Risk Matters: Insurance Sector Update - Winter 2017/18

  Highlights include an assessment of this year’s $100bn North American natural catastrophe season and how this could impact corporates and insurers; ‘the rise of the machines’ as autonomous vehicles nudge closer to our roads and a comprehensive review of the top 10 issues facing our market in 2018. Should you have questions about this publication, please feel free to contact any of the authors.

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  14/11/2017

  Germany: Qualifying infrastructure - and everything is cheaper?

  DE

  Essential reforms QI-Update-Regulation brings about essentially the following reforms: The definition of "infrastructure assets" is extended to include "physical assets" and now covers other types of infrastructure such as rolling stock (Article 1 point 55a recast). It was previously not clear whether physical assets that use the infrastructure fall under the legal definition. The term "infrastructure project entity" (Article 1 point 55b before amendment) is replaced by "infrastructure entity" (Article 1 point 55b recast). The latter includes, in addition to individual (project) entities, also...

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