UK’s PRA to continue reforming ILS and cat bond frameworks to enhance competitiveness
The Prudential Regulation Authority (PRA) of the Bank of England has confirmed that it will continue to work…
London Market must build on London Bridge 2 success, despite stalled UK ILS: LMG Chair
The London insurance and reinsurance market need to build on the success seen with the Lloyd’s insurance-linked securities…
PRA seeks feedback on potential for UK life ILS, including cat bonds and sidecars
The Prudential Regulation Authority (PRA) of the Bank of England has published a discussion paper to gather feedback…
UK ILS reforms more likely to take activity from other jurisdictions than generate net-new: Fitch
The recently announced consultation on reforming the United Kingdom’s insurance-linked securities (ILS) risk transfer regulations is more likely…
UK Gov confirms new cat bond, ISPV timelines. Launches new consultation to enhance ILS regime
The Government of the United Kingdom has confirmed new authorisation targets for new insurance special purpose vehicle (ISPV)…