Tag Archives: Brexit

What is the future of UK insurance regulation?

In this paper, Milliman’s Kyle Audley, Jennifer Strickland, and Fred Vosvenieks consider various future routes that the development of insurance regulation in the United Kingdom (UK) could take due to Brexit and the impact each of these might have on UK insurers. They explore other relevant areas of regulation that may be revised once the UK is no longer part of the European Union. The authors also review the potential effects that demographic changes driven by Brexit can have on insurers in the country.

Emerging risk analytics: Application of advanced analytics to the understanding of emerging risk

This report by Milliman’s Neil Cantle uses advanced machine learning algorithms, such as deep neural networks, to analyse social media conversations about Brexit. The purpose of the study was to examine whether useful information could be extracted from social media in what is effectively real time on a key topic in a political economy.

Choosing a location for insurance or reinsurance companies

In the wake of recent Brexit developments, many United Kingdom (re)insurance entities are assessing their options. This briefing note by Michael Culligan, Patrick Meghen, and Ciarain Kelly discusses some of the key considerations for companies when deciding on a location and looks at Ireland as a sample location. It provides information on the application process, drawing on extensive experience of past and current licence applications.