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With European Parliamentary elections looming (in May) and a new European Commission due to be appointed afterwards, EU institutions have tried to push forward a number of legislative issues relevant to EU insurers.
31 March 2014
/news-and-insights/market-communications/regulatory-communications/news-articles/european-union-update
Lloyd’s is setting-up a new European insurance company, located in Brussels, to ensure the market is able to write risks from all 27 countries in the European Union and three in the European Economic Area after the UK leaves the European Union. Preliminary information about the Lloyd’s Insurance Company in Brussels is now available on Crystal to members of the Lloyd’s market.
20 September 2017
/news-and-insights/market-communications/regulatory-communications/news-articles/lloyds-insurance-company-in-brussels-information-now-available-on-crystal
Lloyd’s is working on transferring all European Economic Area (EEA) business to Lloyd’s Brussels before the end of 2020 via a Part VII transfer.
09 October 2018
/about-lloyds/media-centre/press-releases/hard-brexit-lloyds-commits-to-pay-all-valid-claims
New rules on data protection for application across all European Union (EU) Member States are likely to take effect in early 2018. The legislative package, recently agreed by the EU, will introduce an enhanced level of protection for individuals’ data privacy.
21 January 2016
/news-and-insights/market-communications/regulatory-communications/news-articles/political-agreement-on-eu-data-protection-reform-reached
European Union (EU) policymakers have made significant progress toward finalisation of the first EU-wide legislation on cybersecurity. The new rules, along with the EU data protection package, set the scene for a nudge towards an enhanced cyber security harmonised framework across the EU.
/news-and-insights/market-communications/regulatory-communications/news-articles/eu-policymakers-agree-network-and-information-security-directive
Lloyd’s is committed to complying with the sanctions laws and regulations of the United Kingdom, European Union, the United Nations and the United States (the sanctions lists), as well as the applicable sanctions laws and regulations in the jurisdictions in which Lloyd’s operates.
08 July 2021
/conducting-business/member-services/useful-info/sanctions-statement/
Solvency II legislation requires the European Commission to carry out a number of reviews of how particular aspects of Solvency II are working in the next few years. The first of these is a review of the standard formula used to calculate the Solvency Capital Requirement.
25 September 2017
/news-and-insights/market-communications/regulatory-communications/news-articles/solvency-ii-is-under-review
22 April 2026
/market-resources/regulatory-information/financial-crime/sanctions/
/conducting-business/member-services/document-library/
Solvency II application to Lloyd's
25 September 2012
/conducting-business/regulatory-information/solvency-ii/implementation-at-lloyds/application-to-lloyds/
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