U.K.’s commercial insurance, reinsurance regulation under review

The U.K. House of Lords’ Industry and Regulators Committee has initiated an inquiry into the country’s commercial insurance and reinsurance regulations to assess how they affect competitiveness of the London market, Artemis reported. The committee has called industry participants, organizations and other interested parties to share their take on the regulation’s framework and application, and any possible optimization of the policy in the post-Brexit market.