Fitch: UK captive & ILS reform plans credit-neutral now, longer-term risks may emerge

Fitch assessed the UK’s planned captive and ILS reforms as broadly positive for competitiveness in the short run. Eased capital/authorisation could attract new formations. However, lighter regimes can introduce longer-term risk if underwriting standards slip. Supervisory capacity and transparency will be critical. Corporates should weigh regulatory arbitrage versus governance strength. Source: Reinsurance News #Actomate #Europe #MarketInsight #RegulatoryChange #RiskManagement