A Practitioner's Guide to The Regulation of Insurance

Examines the UK and European regulatory regimes and their impact on the insurance industry, providing practical advice for compliance officers and advisers. It covers all aspects of the life and non-life insurance industries, from establishment, authorisation and ownership to conduct of business and supervision, reinsurance and friendly societies.

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This fully revised title examines the UK and European regulatory regimes and their impact on the insurance industry, providing practical advice for compliance officers and professional advisers charged with ensuring compliance within the industry. The text covers all aspects of the life and non-life insurance industries, from establishment, authorisation and ownership to conduct of business and financial supervision. There is also coverage of reinsurance, friendly societies and special categories of insurance business.
In particular, the new edition will address the advent of the Solvency 2 Directive, which is a fundamental review of the capital adequacy regime for the European insurance industry, and the new UK regulatory architecture which will replace the FSA with separate bodies overseeing prudential regulation (PRA) and conduct of business (CPMA).