HomeInsurance LawSensible Legislation insurance coverage column by way of Grant Murtagh: Might 2023

Sensible Legislation insurance coverage column by way of Grant Murtagh: Might 2023


In the newest instalment of his insurance coverage column for Sensible Legislation, Grant Murtagh considers 4 fresh tendencies in the United Kingdom insurance coverage business.

Grant begins with the PRA’s Trade Plan 2023/24, which supplies some perception into how the PRA is figuring out its priorities.

He then considers specific facets of 2 of those priorities. HM Treasury consulted at the proposed answer and restoration regime for insurers, and Grant appears at one of the issues that can want to be addressed. The PRA has additionally made it transparent that it’s taking a look carefully on the bulk annuity sector, and Grant considers some fresh PRA feedback with that during thoughts.

In any case, Grant appears at one of the crucial primary messages the FCA has despatched to companies within the run as much as the patron responsibility taking impact.

To view the whole article, click on right here.

Grant Murtagh


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