The Prudential Regulation Authority (PRA) is continuing its work on proposals for a new regulatory regime for captive insurers, following the publication of consultation paper CP11/26 in July. Captive insurance allows a corporate group to insure or reinsure its own...
The Association of British Insurers has published new figures showing the level of claims support provided by insurers during the second quarter of 2026. The data covers both motor insurance and domestic subsidence claims, and the numbers are a useful reminder of the...
HM Treasury has released the record of its April 2026 Regulatory Perimeter Meeting with the FCA, outlining the regulator’s latest thinking on perimeter issues and areas where further policy development may be needed. Although some topics may not be relevant to the...
The FCA has published a blog article and accompanying guidance on how insurance firms should manage conflicts of interest in vertically integrated business models. The blog, written by the FCA’s new Director of Insurance, Chris Knight, explains that conflicts can...
The ICO has published its Annual Report 2025/26, ahead of the transition from the Information Commissioner’s Office to the Information Commission. The Report sets out: The results of what the ICO expects to be the last full year of the ICO. One outcome of the Data...
The Bank of England (the Bank), the PRA and the FCA started overseeing the first critical third parties (CTPs) on Monday 13th July 2026, following designation by the Treasury. CTPs are technology and other service providers whose services underpin the UK financial...
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