The updated Insurance section of our Brexit Legal Guide is now available.
This provides a useful overview, amongst other things, of whether the end of the transition period:
- requires incoming EEA (re)insurers and (re)insurance intermediaries to apply for, and obtain, full authorisation for their UK operations;
- will impact UK firms wishing to conduct activities in other jurisdictions without the benefit of passporting rights; and
- will result in the UK's regulation of (re)insurers following Solvency II closely or departing from its standards.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.