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Regulation

Set Alert for Insurance Day Regulars :: Regulation

Legal Focus: GDPR puts D&O and cyber coverage in the spotlight

Insurers must investigate prospective insureds carefully to understand the systems and processes in place to comply with the GDPR
Legal focus Regulation

Eiopa to focus on unsustainable business models

European supervisor to examine cross-border activities
Europe Regulation

ID Comment: Despite transitional arrangements, insurers must continue to prepare for a no-deal Brexit

The insurance industry cannot rely on a politcal solution to Brexit's challenges, with contract uncertainty threatening £14bn of premiums

Europe United Kingdom

ID Comment: Risk models and the rise of AI

Artificial intelligence, in the form of machine learning, has the potential to radically change the way risk is modelled and managed within the re/insurance sector, but not before a number of critical challenges are resolved

Technology Risk Management

Citizens approves policy changes to curb AoB abuse

Move would limit coverage for non-weather-related water damage
United States Regulation

US House moves to loosen Sifi rules

Latest proposal would see FSOC retain power to designate insurers systemically important financial institutions but enable firms to have more input into process
United States Law
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