Brexit – Page 3
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NewsPRA chief executive says regulator not interested in adding to its responsibilities
Sam Woods denies ‘the caricature of a rampant regulator intent on crushing the industry under a slow motion avalanche of new capital requirements’, but acknowledges that ‘a changing world requires a tough but flexible regulatory regime’
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NewsBupa axes travel insurance due to Brexit
The insurer plans to instead ’focus on our health, cash plan and dental insurance businesses’
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FeaturesBrexit unlocks opportunities for solvency II reform
Industry commentators believe there is ‘room for improvement’ around the solvency II regulations as Brexit heralds an opportunity to shape the rules to better suit UK businesses
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NewsBusinesses told to take off Covid blinkers and consider longer term risks
Commercial insurance managing director says businesses ‘have a responsibility to act today to ensure a better tomorrow’ by tackling emerging risks and not solely focusing on today’s threat actors, such as the pandemic
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NewsInsurtech UK calls for end to VAT regime for insurtechs ahead of Spring Budget 2021
The trade body discusses the challenges that insurance premium tax causes the insurtech sector in the run up to the topic potentially being debated later this week on 3 March
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People & OpinionQ&A: Pearson Ham on the post-Covid-19 hard market as a ‘opportunity for insurers’
Stephen Kennedy, Pearson Ham’s director tells Insurance Times why the hardening market post-covid could be an opportunity for insurers alongside discussing challenges ahead
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NewsGRP buys Ipswich-based broker
The broker will remain as a standalone business, but hopes to now target substantial growth as part of GRP
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NewsGovernment’s plan to reverse EU Vnuk law – risky or ‘positive development’ for insurance?
With the UK government planning to scrap the Vnuk law, what does this mean for the insurance industry’s plans to cover micromobility, such as e-scooters? Insurance Times finds out
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Sponsored Content2021, a year of opportunity – Nexus
In the January-February issue, Colin Thompson, Nexus Underwriting Management’s group chief executive tells Insurance Times how those businesses that learnt from the challenges of 2020 will be one step ahead this year
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NewsUK-EU insurance capacity relationships still required post-Brexit says Pro Insurance Solutions
Pro Insurance Solutions managing director Robert Buchberger tells Insurance Times that there is ”an ongoing desire to operate international schemes in commercial and financial lines”
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NewsMGAs should buckle up for a ‘hard Brexit’ says Clyde and Co
Reverse branching could provide a solution for insurance intermediaries that wish to continue trading in the EEA following Brexit, says law firm partner
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NewsManifesto 2021: Biba to explore basic insurance requirements for e-scooters
The trade body sees Brexit as a opportunity to undo the Vnuk ruling too
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NewsSoaring professional indemnity insurance premiums ‘unsustainable’ for surveyors
There is also a lack of PII insurers in the market which is an additional strain on premiums and makes it more difficult for surveyors to get the cover they need
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NewsLloyd’s broker unveils new EU-based broking business
The broker’s European arm has also appointed a new chief executive
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NewsUK insurance market shows ‘divergence’ with London Market prospering while regions suffer
Business interruption will also remain a key risk for 2021, especially for insurers that have non-standard policy wordings, advises ratings agency
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NewsTravel insurance a ‘top priority’ for over 55s in post-covid travel resurgence – AllClear
In its latest report, AllClear Travel Insurance reveals to Insurance Times the concerns of policyholders for travelling post-Covid-19
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NewsUK closes all travel corridors until mid-February, but insurance picks up
The changes with EHIC cards following a Brexit deal being reached, has also raised more awareness around travel insurance
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News AnalysisInsurance industry weighs in on post-Brexit Global Health Insurance Card
Following the government officially launching the new GHIC earlier this week as a result of the UK reaching a trade deal with the European Union, how does the insurance industry feel about its impact on cover? Insurance Times finds out
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NewsUK launches Global Health Insurance Card, but stresses importance of securing travel insurance
The new card will ensure UK residents have access to emergency healthcare when travelling in the EU
