3rd August 2018
Following the closing of The Insurance Regulation Omnibus Consultation Paper on 26 April 2018 and analysis of responses, the Commission is today issuing a feedback paper, as well as associated rules, amendment rules, and guidance applicable to insurers licensed under the Insurance Business (Bailiwick of Guernsey) Law, 2002.
The feedback consultation response can be found here.
The following issued rules, amendment rules, and guidance can be found on the Legislation and Guidance page of the Commission’s website:
Information on when the above come into force, transitional periods for adoption by licensed insurers (where applicable), and the deadlines with regard to the increased frequency of solvency reporting (for those licensed insurers where this is applicable) can be found within the feedback paper.