Stochastic valuation meaning

In this issue: Cases and decisions Types of insurance Market practice UK regulation EU regulation Cases tracker 2025 case tracker Dates for your diary New and updated content Daily and weekly news alerts LexTalk®Insurance: a Lexis®Nexis community Cases and decisions Lonham Group Ltd v Scotbeef Ltd and another company This appeal was about the interpretation of a contract of insurance and the possible application of the Insurance Act 2015, including its remedies for breaches of the duty of fair presentation. Lonham succeeded on appeal. See: [2025] EWCA Civ 203. Types of insurance Environmental liability On 27 February 2025, the European insurance company Swiss Re stated that it expects losses of under US$700m arising from the mass wildfires that swept the Los Angeles (LA) area in January 2025. See: Swiss Re expects less than US$700m hit from LA wildfires. Market practice Private equity drives 60% of...

In this issue: Competition and state aid Data protection and cybersecurity Dispute resolution Free movement, immigration and employment Financial services Energy Environment Insurance and reinsurance IP Life sciences Regulatory International trade LexTalk®EU Law: a Lexis®Nexis community Daily and weekly news alerts New and updated content Trackers Competition and state aid The European Commission has opened a public call for views on competition rules governing vertical agreements in the motor industry, covering Regulation (EU) 461/2010 (the Motor Vehicle Block Exemption Regulation (MVBER)) and the related Supplementary Guidelines. This review forms part of a continuing assessment intended to keep the framework in step with developments such as digitalisation and evolving mobility patterns. Stakeholders may submit observations until 23 May 2025. See: LNB News 28/02/2025 41. The Commission has issued a Call for Evidence to obtain input from interested parties on the objectives, scope and background for forthcoming guidelines on...

In this issue: Prudential requirements Risk management and controls Financial crime and sanctions Consumer protection Conduct requirements Complaints, compensation and claims management Investigations, enforcement and discipline Sustainable finance and ESG Banks and mutuals Investment funds and asset management MiFID II Regulation of insurance FSMA regulated pensions activity Fintech and cryptoassets LexTalk®Financial Services: a Lexis®Nexis community Financial Services Enforcement Database Daily and weekly news alerts Intraday news alerts New and updated content Dates for your diary Prudential requirements CP2/25: PRA consults on leverage ratio threshold changes The Prudential Regulation Authority (PRA) has issued consultation paper CP2/25 setting out proposed revisions to leverage ratio thresholds. It plans to raise the retail deposits leverage threshold from £50bn to £70bn, aligning with nominal GDP growth since 2016. The intention is to keep major UK banks, building societies and investment firms within scope, while giving smaller firms additional...