The EU is in no rush to grant the UK reciprocal equivalence on Solvency II and has stirred anger by saying it wants to see how far the UK diverges before giving the green light. Paul Walsh assesses the state of play and whether there is any potential for a future agreement
Courts ruled in favour of Financial Conduct Authority in business interruption test case
Largest ever transaction for specialist UK insurer
Herbert Smith Freehills says the question is likely to come before the courts
Stress and sensitivity testing also lacks consistency
Attractive pricing helped by significant de-risking by the fund
Brexit is expected to cause a rush of requests to transfer insurance contracts between businesses. But so far, there has not been a deluge of Part VII applications. Paul Walsh reports
A "judgement-based supervisory approach" is "consistent with statutory objectives"
Corporate regulator says new business code must be practised, not just preached
Watchdog says this might "send out a strong message", but is voluntary