Insight and Intelligence on the London & International Insurance Markets 15 Dec 2017
UK ILS regulations expected to be approved by November
- 13 October 2017
The new London insurance-linked securities (ILS) legislation is expected to be approved by the end of the month, according to sister title Trading Risk.
The UK government laid the new regulations before the Statutory Instruments Committee yesterday.
The committee is formed of members of the House of Commons and the House of Lords and will debate the regulation over the coming weeks. The Prudential Regulation Authority (PRA) will then issue the accompanying guidance.
There are different views on whether the...
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