This article was originally published by Practical Law Company on 28 July 2015.
In her insurance column for July 2015, Pollyanna considers:
- the judgment in PA(GI) Ltd v GICL  EWHC 1556, where the High Court was asked to consider whether any liabilities in respect of the alleged mis-selling of payment protection insurance (PPI) underwritten by PA(GI) were transferred to Groupama under the terms of a 2006 scheme
- the FCA’s June 2015 thematic review report on delegated authority: outsourcing in the general insurance market (TR15/7), and
- a recent letter sent by the PRA to insurers covering a number of items arising under the Solvency II Directive (2009/138/EC), including the senior insurance managers regime (SIMR).
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