Insight and Intelligence on the London & International Insurance Markets 24 Apr 2018
Eiopa urges worst-case scenario Brexit planning
- 21 December 2017
The European Insurance and Occupational Pensions Authority (Eiopa) has urged carriers to expedite their Brexit contingency planning.
In a non-binding "opinion" statement, the EU insurance regulator warned insurers that they needed to plan for the possibility of the UK leaving the bloc without a deal.
The regulator called on carriers to "take steps in good time to ensure service continuity".
Eiopa also urged national regulators to "take appropriate steps to ensure that insurance undertakings are adequately prepared and have, for...
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