Corporate Insurance Newsletter - January 2015

Author:Mr Chris Hill, Martin Mankabady and Vikram Sidhu
Profession:Clyde & Co
 
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This update summarises recent developments with links to further reading.

Rejuvenating the UK Life Sector: Proposed Changes to the Regulation of the Retirement Income Market

Following our prediction that "life is set to return to the UK life sector", we analyse the potential impact of some of the key findings in the FCA's Interim Report on the UK Retirement Income Market.

Fit for Purpose? New Year's Anti-Bribery and Corruption Health Check for Insurance Intermediaries

Insurance intermediaries should be aware of new FCA recommendations to ensure bribery and corruption risks are managed effectively by authorised businesses.

US NAIC Fall 2014 National Meeting

We highlight a number of developments discussed in the Fall 2014 National Meeting of the US National Association of Insurance Commissioners.

US Federal Insurance Office Issues Reinsurance Report

On December 31, 2014, the US Federal Insurance Office (FIO) issued its report regarding the global reinsurance market and its relationship with the domestic US insurance industry.

US Federal Government's Terrorism Risk Insurance Program Renewed for Six Years

The new US Congress has authorized the renewal of the US federal government's terrorism risk insurance program until December 31, 2020.

A Passage into India": Update on the 49% Foreign Direct Investment Cap for Indian Insurance Companies and Lloyd's Entry into India

With the Indian "Insurance Laws (Amendment)...

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